Helping Communities Tackle the Housing Crisis

credit:

The Community Land Trust (CLT), a type of community-led housing, set up and run by ordinary people to develop and manage homes or assets, is now in its tenth year.

CLTs are charitable organisations set up as community benefit societies that serve as long-term stewards of housing. CLTs ensure homes are genuinely affordable and remain affordable forever.

The CLT model, which originates in the US, has expanded in England over the last 10 years. According to a recent research backed by Power to Change, CLTs are planning to build nearly 6,000 community-led homes in the next few years in England alone.

CAF Venturesome's Anne-Helene Sinha writes about their CLT Fund, which offers the only source of early-stage repayable finance for CLTs, which are considered as high risk for most lenders.

Sinha shares an independent research they commissioned, where they find that Fund investees are now confident and have the courage to get started, and they welcomed the financial and technical support that CAF Venturesome's CLT Fund provides.

Sinha adds that CAF Venturesome plans to launch another fund with a wider scope to respond to increasing demand.

Read the Entire Article

A customized collection of grant news from foundations and the federal government from around the Web.

How's Your Community Doing?
Check Out it's
Community Vital Signs

Philanthropic Follies

The Wall Street Journal profiles the new book \"The Good Rich and What They Cost Us.\" According to the reviewer, the book, which covers over two centuries of American philanthropy, posits that...more

Financial Aid Information Session Hosted by Kalamazoo Community Foundation
Foundation: Kalamazoo Community Foundation

The Wall Street Journal profiles the new book \"The Good Rich and What They Cost Us.\" According to the reviewer, the book, which covers over two centuries of American philanthropy, posits that...more

As Asian-American Population Grows So Does Philanthropy in the Communities
Foundation: American India Foundation, Korean American Community Foundation

The Chronicle of Philanthropy highlights a New York Times article focusing on the growth of Asian American philanthropy. Asian-Americans who have built fortunes in finance and technology are...more

Mary Kay Foundation Awards Grants

Waypoint Madge Phillips Center Shelter has recently received a $20,000 grant from The Mary Kay Foundation in observation of National Domestic Violence Awareness Month in October. According to Anne...more

Paulding Education Foundation Awards $7,500

Paulding Education Foundation has recently awarded $7,500 to Paulding schools as a result of the foundation\'s School Grant Program. Recipients include South Paulding High School, Austin Middle...more

Make-A-Wish Foundation Crapo Park Walk Fundraiser

The Make-A-Wish Foundation will be holding its big fall fundraiser, a walk around Crapo Park in Burlington to help grant wishes of children with life-threatening illnesses, raising on average $8,600...more