Providing grants or low-interest loans to mission-driven developers and organizations focused on building affordable rental and owner-housing units or investing in public-private ventures are tangible ways to help address the affordable housing funding gap.
Funding pilot programs to support economic stability and mobility for residents at the lowest income levels or using impact investing to further black homeownership and wealth generation, are examples of ways to stretch your impact in an urgently needed time.
Your organization’s support of advocacy efforts aimed at influencing housing policies and regulations at the local, state, and federal levels can have a big influence. Signing letters of support for inclusive zoning changes, educating policymakers on how housing impacts the issues you care about, funding research, community organizing, and policy analysis, are all ways to play a role in increasing equitable access to housing resources.
Financial support can help nonprofits expand their programs and services, including housing counseling, rental assistance, and advocacy efforts. Capacity building and technical assistance for nonprofits, faith based institutions and local government agencies can bolster the ability of the housing ecosystem to implement impactful policies and programs that expand housing affordability. Targeting your investments to center racial equity can amplify your impact.
