Expanding opportunities in America’s cities

Calvert Foundation

Bethesda, Md.
$23,000

Awarded

Awarded:
2015

The foundation raises capital from investors and connects it with organizations to alleviate poverty, promote equality and create economic opportunity. This three-month grant helped evaluate the feasibility of launching Calvert's "Ours to Own" (O2O) platform in Detroit, a fund of pooled small investments from within a community to be used as loans and create more affordable housing, reinforce local food systems and other city needs.