August 10 HUD Seeks Examples of Aligned Investments
The Office for International and Philanthropic Innovation at the US Department of Housing and Urban Development would like to hear about any examples of foundation impact investments that were made in alignment with public dollars, as well as examples of investments that were not made due to regulatory barriers, process burdens, or other roadblocks. Impact investing includes both below-market program-related investments (PRIs) and market-rate mission-related investments (MRIs) that seek social, environmental, and financial returns.
HUD would like to better understand how HUD dollars can or could be leveraged by foundations in their impact investment strategies, and how HUD can play a deeper role in removing barriers to better leverage and align cross-sector funding and resources. This information will be used to inform HUD programs and policies. HUD plans to assemble a series of case studies detailing examples of how HUD money can or could align with foundation grants, program-related investments, or mission-related investments.
Please contact firstname.lastname@example.org by August 10 if you would like to speak with HUD about your experience in the coming months. If you have any questions, please feel free to reach out to the Council’s Public-Philanthropic Partnership department.