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In Toronto on the 4th of August 2016, Habitat Greater Toronto Area and community leaders worked together to begin the construction of a housing structure that will provide housing for 50 vacancies. The project is scheduled to be available for renting by 2019. The families that move in will be paying a no-interest mortgage capped at 30% of their annual income. Mayor John Tory is in full support of this endeavor and participated in the ribbon cutting ceremony to get things started.
The Habitat for Humanity GTA has been working to provide families with affordable housing options since 1988. Some options include zero down payment and no-interest mortgages with capped stipulations. The organization has worked with over 300 families and housing projects in the Caledon, York, Brampton and Toronto areas. The regional sector is part of more than 1,400 affiliates that work worldwide to improve community living.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
One of the world's largest green investment funds is set to announce its first transaction in the US. Per the Wall Street Journal, the Asia Green Fund (AGF) plans to invest up to $1 billion in a...more
Texas is following in the footsteps of Florida, Louisiana, South Carolina, and Utah by pulling billions from BlackRock, the world's biggest asset manager. The Texas State Board of Education...more
Amazon is taking a stand against climate change, and it's putting its money where its mouth is. The company on Tuesday announced the 15 startups that have been selected to participate in the...more
The European Central Bank is expected to cut interest rates for the first time in nearly a decade this week in an effort to boost the struggling eurozone economy, the Wall Street Journal...more
Foundation: Johnson Foundation, Robert Wood Johnson Foundation
The Robert Wood Johnson Foundation is giving $325 million to help communities that have suffered from "a historic lack of investment" in areas such as housing, water, and infrastructure, the New...more
"We are incredibly honored to receive this recognition from the Cary Chamber of Commerce," Joseph Jenkins, CEO and co-founder of dooable health, says in a press release. He's referring to the...more
Sickle cell disease is one of the most common genetic diseases in the world, affecting one in every 10,000 people, according to the World Health Organization. Now Abu Dhabi, the United Arab...more
Australia's Pathzero is the world's largest private-market emissions data network, with more than 50,000 assets under management, reports the Guardian. That's more than $13.1 trillion in global...more
"It's about time." That's how Natasha Garcha, senior director and gender-lens investing specialist at Impact Investment Exchange, is framing the investment world's first-of-its-kind asset class...more
The man responsible for turning Samsung into one of the world's most successful companies has died at the age of 99. Lee Byung-Chul, who founded the company in 1910 and became its chairman in...more
Social Entrepreneurship
Spotlight
Ten Years After Katrina, A New Startup Sector Takes Hold In New Orleans
“I think, by 2018, there’s an opportunity for New Orleans to be viewed around the country, around the world, as a hub of entrepreneurship for the South,” says Tim Williamson, the CEO and cofounder of incubator The Idea Village, referring to the year the city will celebrate its 300th anniversary.
