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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.
When it comes to environmental, social, and governance (ESG) issues, many investors are looking to invest in companies that have a positive social or environmental impact. But when it comes to...more
"To differentiate and compete, you really have to pay attention to technology," says Chat Reynders, CEO of Reynders, McVeigh Capital Management. "It was becoming clear to me that our tech wasn't...more
"Take a jigsaw puzzle of our planet, an amazing planet, and you'll have amazing pieces to fit there. Rivers, oceans, land, people, 8 million species, and they all exist in perfect harmony," says...more
Craig Lewis used to be a pro basketball player. Now he's a tech entrepreneur. Lewis founded Gig Wage, a company that helps workers earn extra money by using facial recognition technology, and...more
There's a huge market for solar power in India, and it's thanks in large part to government incentives, reports the Wall Street Journal. In fact, the country had just one megawatt-hour of solar...more
Treehugger's list of the world's top tree-huggers is out, and it includes a company that's "one of the world's biggest tree-huggers," per Business Insider. That would be British telecom company...more
Treehugger's list of the world's top tree-huggers is out, and it includes a company that's "one of the world's biggest tree-huggers," per Business Insider. That would be British telecom company...more
"If you want to have impact, then IT, healthcare, and industrials will be the core three elements." That's what Anna V ? n ? 'nen, head of listed impact equity at AXA Investment Managers, has to...more
Foundation: GlobalGiving
"The main threat is the long-standing lack of sufficient funding for healthcare systems," Ota Akhigbe writes at the Conversation. "This funding gap means millions cannot get basic health care,...more
"We are so used to being almost permanently online that we don't really appreciate what we have and do not really know what to do when we're not," Joni Mitchell wrote in her 1970s song "Big Yellow...more
Social Entrepreneurship
Spotlight
Social Enterprise HandiConnect Wins Audacious Award in New Zealand
Social enterprise, HandiConnect, wins the Audacious-Business Idea competition’s Doing Good category. The company is spearheaded by University of Otago entrepreneurship master’s student Nguyen Cam Van.
