Catalytic Philanthropic Capital Can Supercharge Affordable Housing

The housing crisis in the United States is getting worse. What was already a challenging situation has been compounded by the increasing frequency of severe weather events like hurricanes Harvey and Irma, as well as by proposed federal budget cuts for fiscal 2018 that would slash HUD programs by $6.2 billion. These and other factors are putting great strain on the insufficient resources set aside to help low-income people maintain an adequate standard of living.

This crisis cannot be solved by the public, private, or government sectors alone. A problem of this scale requires innovative, multisector solutions designed to preserve affordable housing, drive system change, and create economic opportunity for those who need it most. Keep reading...