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New York Acquisition Fund, LLC Grant
Organization - New York Acquisition Fund, LLC
Grant Amount - $5,000,000
Foundation - Rockefeller Foundation
Grant Purpose - to capitalize the New York City Acquisition Loan Fund, LLC, which will accelerate and increase the development of affordable housing in New York City
Similar Grants
Enterprise Louisiana Loan Fund, LLC - $1,000,000 from the Rockefeller Foundation - to capitalize a $45 million Louisiana Housing Development Loan program to rebuild housing for low-income residents
Enterprise Community Partners, Inc. - $200,000 from the California Community Foundation - 18-month support for operating and start-up expenses related to the launch of the New Generation Fund, an affordable housing site acquisition fund that will help to create up to 20,000 housing units in the City of Los Angeles over the next ten years.
Northern Economic Initiatives Corporation d/b/a Northern Initiatives - $1,000,000 from the Kellogg Foundation - provide a program-related investment loan to strengthen the capacity of a rural loan fund to increase employment and business development in Michigan's Upper Peninsula
Enterprise Community Partners - $250,000 from the Rockefeller Foundation - toward the costs of launching the New Generation Fund LLC, to leverage up to $200 million in public and private financing to create or preserve affordable homes in Los Angeles
New York City Affordable Housing Acquisition Fund - $5,000,000 from the MacArthur Foundation - program-Related Investment in support of a new affordable housing financing facility for housing developers seeking to build and preserve affordable housing throughout New York City.
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