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Seattle is facing a major limitation in affordable housing, directly caused by the steady increase of rent prices in several neighborhoods. This issue is resulting the dislocation of former residents of moderate to medium income. The spike in real estate is directly linked to the city's attraction of new residents and general growth.
In order to lessen this burden for Seattle residents searching for a solution, the Bellwether Housing's Seattle Futures Fund invested over $1.8 million into a newly renovated housing project named Parker Apartments. This new project is one step in the right direction for fifty families pushed out of high-cost neighborhoods like Queen Annie, where the new development is located. This intervention also initiated important public attention from the Seattle Foundation that will support additional long-term interventions (e.g. The Seattle Impact Investing Program that focuses on the Puget Sound area).
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Matt Damon and Gary White are putting their money where their mouth is. The two are co-founder and CEO of WaterEquity, a nonprofit that aims to improve access to safe water and sanitation around...more
Repsol, Spain's largest oil and gas company, is under fire from environmental groups for "greenwashing" its fuelsmeaning using palm oil instead of natural gasand is now facing a lawsuit from another...more
Foundation: Topeka Community Foundation
"God's people deserve a peaceful, quiet, and secure place to stay." Those are the words of Reden Jalosjos, co-owner of Reden Construction, as he breaks the ground on a new 25-unit affordable...more
The Toronto Stock Exchange kicked off its new social, environmental, and economic justice-focused exchange this week with the debut of SVX Impact Index, a first-of-its-kind database that tracks the...more
One of Australia's most high-profile business leaders is leaving his post at the Australian Securities Exchange to lead the country's largest anti-slavery organization. David Braga, who has...more
"The New Venture Competition provides a rigorous platform through which students develop their business ideas as a positive force for change," says Elise Bates, the new director of Harvard Business...more
When Max and Allen Low were kids, their parents would ask them to spend a few minutes picking up garbage. "This became a habit which continued into adulthood, and we still make time for that...more
Foundation: Whitefish Community Foundation
"Through our collective efforts, we're not just providing financial support, but we're investing in Montana's vitality and resilience." That from Mike Smith, president of Glacier Bank, which...more
"A nutritious breakfast isn't just about filing empty stomachs; it's about nourishing young minds." That's what Vicki Cutler, a branch manager at Prospera Credit Union in British Columbia, had to...more
Central Community College in Grand Island, Neb., is getting a major boost in its criminal justice program thanks to a $750,000 donation from Hornady Manufacturing. The money will go to the...more
Social Entrepreneurship
Spotlight
A Bar That Saves Children’s Lives
Ryan Devlin, Todd Grinnell and Ravi Patel have traveled to Africa on a humanitarian trip a few years back, encountering children suffering from severe malnutrition get healthy through Plumpy’Nut®.
