A customized collection of news from foundations from around the Web.
So says Otis Rolley, president of the Wells Fargo Foundation, in announcing the second annual Housing Affordability Breakthrough Challenge, a $20 million effort from Wells Fargo and Enterprise Community Partners to find solutions to the country's housing affordability problem.
The challenge, which will focus on three categories: financing, construction, and access and resident support, will offer grants of up to $3 million and two years of technical assistance to transform ideas into solutions that can be replicated in the real-world, per a press release.
"We cannot address the serious housing affordability gap in this country without improving access and creating cost savings that will help boost supply," says Jacqueline Waggoner, president of Enterprise's Solutions Division.
Last year's winners, who received $2.5 million in grants to implement their solutions, will be selected by a panel of judges in the fall of 2023, with winners expected to take part in a multi-year initiative to share ideas and cultivate their innovations into solutions that can be applied in communities across the US.
Interested parties can learn more about the competition at Enterprise's website...
Read the Entire ArticleSelected Foundation News
Foundation: Rhode Island Foundation
Love is in the air, at least when it comes to the research projects funded by the Rhode Island Foundation.
The nonprofit has awarded more than $360,000 in seed funding to 15 medical research...more
Foundation: Jack Kent Cooke Foundation
Four Miami Dade College students were surprised with "life-changing news" this week: They'd been named recipients of the Jack Kent Cooke Foundation's Cooke Undergraduate Transfer Scholarship, which...more
"To be able to invest a further ? 1 million in the North East at a time of such economic challenge for many is a privilege for the Foundation trustees, and we're thrilled to see the difference it...more
"We are quickly running out of time at the PODSthey are not in good condition as they were never designed for long-term use, and we are not able to truly help people who stay there."
That's...more
Madison, Wis., could soon have a women's soccer team to call its stadium home.
The Wisconsin city's Board of Park Commissioners has approved a $4 million grant proposal that would see the...more
"We just looked at these things happening again and again, and we said we could do something, we could be proactive rather than reactive," Rob Huberty, chief operating officer for ZeroEyes, tells...more
"They've invested quite a few dollars into helping mitigate the issues that keep students from being able to be at their best and successful in their academics," a California school district's...more
The city of High Spring, Fla., is spending $347,000 in state grant money to buy a historic theater that was almost torn down in 2022, the Ledger reports.
According to WCJB, commissioners voted...more
If you're looking for a safe place to park your money during the stock market's roller coaster ride this year, there's a mutual fund that's got you covered.
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"Every child in every school, everywhere in the country, should have the glasses they need to succeed in school and in life," says Austin Beutner, founder of a nonprofit that provides free eye exams...more
Nell Derick Debevoise, Founder and CEO of Inspiring Capita, shares what she thinks are the three main ingredients in finding your place in social enterprise.