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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.
India and Indonesia are two of the world's fastest-growing countries, with working-age populations that "far outweigh some of the region's largest economies," according to Ian Samson, a portfolio...more
Italy's national electricity grid is looking to the futureand it's using drones to help it do so. The country's national electricity grid, Terna, plans to invest $50 million in Italian startups...more
If you're an investor in Nigeria's stock market, you're in for a big surprise at a conference next month. The director general of the country's security and exchange commission, Emomotimi Agama,...more
The Peace Corps has been operating in Nepal since its founding 62 years ago, but the country's civil war in the mid-'80s forced the agency to lay off most of its workers, the New York Times...more
Foundation: Case Foundation
Jean Case, who rose to fortune and fame as an executive at American Online, has been a fan of impact investing since before it had that name. It looks to invest in projects and companies that...more
Marissa Feinberg is a PR and branding expert known for her work in the fields of social design, coworking, and psychedelic therapy, but she's now found herself in the spotlight for something else...more
Want to start a business in 2024? Finances.com has some ideas: VR Gaming Center: Virtual reality is a booming field, and a VR gaming center could take advantage of the $165.91 billion VR is expected...more
Foundation: Ontario Trillium Foundation
"It helped me see that I can help guide, encourage, and... connect with my children to be who they are meant to be in this world." So says one mom of a 9-year-old who's now thriving after...more
A Pennsylvania high school's future is in doubt after its landlord announced the building is for sale. PennLive reports the former Bishop McDevitt High School in Harrisburg is in disrepair, with...more
When Ana Zamora was 8, her older brother was arrested for stealing from her parents. "And so I remember hearing a knock on the door one night and seeing police officers come into our house and...more
Social Entrepreneurship
Spotlight
Partnerships in Social Enterprises Can Increase Social Impact
Chief executive of HCT, Dai Powell, shares the experiences and practical lessons he learned along the way when teaming up with Ealing Community Transport to deliver site transport during the Olympic Park construction.
