Foundation Grants
Community Vital Signs
About Us
Grand Unveiling of Aura at Innovation Square: Elevating Living in Cleveland'S Fairfax Neighborhood
Foundation: Cleveland Foundation, George Gund Foundation
If you're in Cleveland and can't afford to live near the Cleveland Clinic, you may want to consider moving to Aura at Innovation Square, a new $26 million apartment complex that's set to open in 2024, Cleveland.com reports.
The complex, which will feature 82 studio, one- and two-bedroom apartments, was built by the George Gund Foundation, the Cleveland Renaissance Development Corporation, and PNC Bank.
It's part of a larger effort to revitalize the city's Fairfax neighborhood, which has long been plagued by crime and low housing prices.
"The demand for both comprehensive housing and affordable housing remains extremely deep in the surrounding neighborhoods," the executive director of the FRDC tells Cleveland.com.
"Aura at Innovation Square...
delivers a sophisticated and contemporary living experience through its 82 meticulously designed studio, one- and two-bedroom units," the foundation's chairman says in a press release.
The apartments, which cost between $1,400 and $3,000 per square foot, come with on-site amenities including free parking, fitness rooms, and outdoor living areas, as well as access to local cultural and medical facilities, including the Cleveland Clinic, the Karamu House Theatre, and the University Circle.
But not everyone is thrilled with the idea of moving
Read the Entire Article
Selected Foundation News
A customized collection of news from foundations from around the Web.
"When I belong to an educated family and nobody told me about menstrual hygiene, how would those living in rural areas and slums know," Anitha Rao says. That's why the 40-year-old social...more
Sam Walton's grandson has raised $600 million for his climate-focused investment firm, S2G, the Chicago Tribune reports. According to Forbes, 37-year-old Lukas Walton is worth an estimated $27.8...more
The Greater Hermiston Community Foundation is accepting applications for its 2024 grant cycle. Local organizations serving Hermiston, Umatilla, Stanfield, Echo, and Irrigon are eligible to...more
Want to invest in companies that are good for the planet but also good for the bottom line? Look no further than Nordis Capital, a Montreal-based investment firm that aims to invest in companies...more
Nigeria has become the 16th country to sign an agreement with the Fund for Export Development in Africa, a multilateral bank that aims to boost African exports. The bank's president, Benedict...more
It's that time of year again: time for investors to look back at the last presidential election and see if there's any correlation between it and the performance of the stock market. A Bloomberg...more
Kinara Capital, an Indian startup that offers short-term, unsecured loans to small and medium businesses, has just received $24.4 million in debt funding, the Times of India reports. The funding...more
The Italian government has put the kibosh on a plan to build ground-mounted photovoltaic systems on agricultural land, Bloomberg reports. According to a draft of a new agriculture law, "the areas...more
Foundation: Kellogg Foundation
For more than 30 years,Henrie Treadwell has been fighting for racial equity at the University of South Carolina, where she became the school's first black graduate since Reconstruction, the...more
An international nonprofit is looking for a regional director to lead its efforts in Africa, and it's looking for someone with "strong interpersonal leadership skills" and a "growth...more
Social Entrepreneurship
Spotlight
Influencing Social Good Through Retail
When Hannah Davis traveled to China to teach English, she noticed how Chinese workers and farmers were often sporting olive green army-style shoes. Those shoes served as her inspiration to create her own social enterprise, Bangs Shoes.