American Cities, Social Investment Practice
In this two-page case study, learn how and why the Kresge Social Investment Practice made a $2 million program-related investment to the Fresno Housing Authority. Kresge’s investment came alongside and in partnership with an investment from The California Endowment. Together, the two foundations provided $5 million to the Fresno Housing Authority to allow it to act on a robust pipeline of 20 housing development projects using Low-Income Housing Tax Credits (LIHTC).
Environment, Social Investment Practice