affordable housing

$1.2 Million Awarded to Hitzke Development and Bridge Housing Partners to Build Affordable Housing for Veterans

Press Release

SAN DIEGO, June 25, 2020 /3BL Media/– LISC San Diego announced today that $1.2 million has been awarded to Hitzke Development and BRIDGE Housing Partners for pre-development on the Tranquility at Post 310 new construction project.

Tranquility at Post 310 is a 43-unit veterans development located at the site of the current American Legion Hall Post 310 in the emerging neighborhood of Southeastern San Diego.

USA Homeownership Foundation Receives $100,000 Grant From Wells Fargo Foundation to Assist Military and Veteran Families With Rental and Mortgage Counseling and Education Due to COVID-19 Crisis

Press Release

CORONA, Calif., May 21, 2020 /3BL Media/ – USA Homeownership Foundation, Inc. DBA Veterans Association of Real Estate Professionals (VAREP) today announced a $100,000 grant from the Wells Fargo Foundation which will enable the nonprofit HUD Approved Housing Counseling agency to continue to provide financial education workshops, foreclosure prevention and rental counseling to the military and veteran communities across nationwide during the Covid-19 crisis.

CIT Provides $37.3 Million Investment for Jordan Downs Apartment Project

Press Release

PASADENA, Calif., May 20, 2020 /3BL Media/— CIT and its Pasadena-based banking subsidiary CIT Bank, N.A. today announced a $37.3 million investment in the Jordan Downs Apartments Project, a 92-unit multifamily apartment complex to support low-to-moderate income families in the Watts neighborhood of Los Angeles.

Enterprise Community Partners Launches Covid-19 Emergency Response Program to Provide Resources and Support to Low-income Renters and Housing Providers

Aggressive multi-million dollar philanthropic effort led by a $2 million donation from the Wells Fargo Foundation and contributions by Ballmer Group and Center for Disaster Philanthropy
Press Release

COLUMBIA, Md., May 18, 2020 /3BL Media/ — Emergency Action for Resident and Partner Stability, a Covid-19 response program providing relief funding and assistance to nonprofits nationwide to ensure that individuals and families living in affordable housing communities can remain in their homes and access support, is launching today by

From Homeless to Hope: Door Opens to a Better Future

A new approach in Los Angeles may offer a solution to housing affordability nationwide. Abode Communities talks about their model and supporting residents during the COVID-19 crisis.
Blog

For Johnna Blocker, the future may have seemed bleak. Homeless with no prospects in sight, she and her children lived in a local shelter while she looked for an apartment she could afford to rent in the uber-expensive Los Angeles market. Then, one day, she won the “lottery” — an affordable housing drawing with 3,000 applicants for only 140 apartments. Eventually, she moved into Rolland Curtis Gardens, one of the state’s newer affordable housing complexes, and her life has never been the same.

Wells Fargo and Enterprise Community Partners Launch the Housing Affordability Breakthrough Challenge

Competition will award $12 million in grants for six innovative proposals that advance creative housing affordability solutions
Press Release

SAN FRANCISCO and COLUMBIA, Md., January 15, 2020 /3BL Media/ Wells Fargo and Enterprise Community Partners today opened the application process for the Housing Affordability Breakthrough Challenge, a nationwide search for the most innovative, scalable and viable ideas to increase housing affordability solutions.

Creating Livable Urban Communities for Low Income Colombian Families by Providing Affordable Housing and Green Living Spaces

Press Release

BOGOTA, Colombia, January 29, 2020 /3BL Media/ – Construction company Constructora Bolívar has joined Business Call to Action with a commitment to improve the quality of life of more than 190,000 low-income families – or around 600,000 people – through the construction of affordable and decent housing, while also improving their standard of living by connecting them to public services, shared recreational areas and roads, by 2022.

Consumers Energy Foundation Provides $250,000 to New Effort to Create Housing Opportunities in Flint

Press Release

FLINT, Mich., November 12, 2019 /3BL Media/ – The Consumers Energy Foundation celebrated its commitment to Michigan’s communities today by providing $250,000 for a new effort to upgrade and sell over three dozen vacant homes to first-time homebuyers in Flint.

How Community-Focused Municipal Bond Investments Can Drive Social Impact

Article

by Emily E. Robare, head of ESG (environmental, social, and governance) research on the municipal credit research team at Gurtin Municipal Bond Management 

Wells Fargo Foundation Donates $9 Million to Local Housing Affordability, Neighborhood Revitalization Programs

Grants are part of $1 billion commitment over six years to help find solutions to the U.S. housing crisis
Press Release

SAN FRANCISCO, Oct. 22, 2019 /3BL Media/– The Wells Fargo Foundation today announced $9 million in grants to more than 60 nonprofits across the United States in support of large-scale neighborhood revitalization and housing affordability solutions.  The Wells Fargo Foundation has donated 250 such grants since 2011 to local organizations through its Priority Markets Program.

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