Coalition invests $80 million for poor in five cities
Imagine investing in cities but only if public, private and philanthropic groups work together on long-term strategies to help low-income residents.
Living Cities, a philanthropic collaborative of 22 of the world's largest foundations and financial institutions, will do that Thursday when it announces $80 million in grants, loans and investments.
Nineteen urban centers competed for the money, but five won for programs that challenge conventional wisdom: Baltimore, Cleveland, Detroit, Newark and Minneapolis-St. Paul.
%0D%0A%20%20Nineteen%20urban%20centers%20competed%20for%20the%20money,%20but%20five%20won%20for%20programs%20that%20challenge%20conventional%20wisdom%3A%20Baltimore,%20Cleveland<%2Fa>,%20Detroit,%20Newark<%2Fa>%20and%20Minneapolis-St.%20Paul<%2Fa>.%0D%0A%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Faggregatedcontent%2Fcoalition-invests-80-million-poor-five-cities%2F" target="_blank" class="email" data-post-id="16931" type="icon_link"> Email Email0 Comments Comments