Through the Gender Lens: A Look at a New Blended Capital Fund for Urban Cores – Inside Philanthropy

We’ve written about Living Cities before, particularly its collaborative work with Bloomberg Philanthropies, and its partnership with the Citi Foundation to create the City Accelerator, a program that builds both local economies and government efficiency.

Now, Living Cities has announced a new Blended Catalyst Fund which will bring together $31 million in funding for distressed cities. This “impact investing debt fund” will address tough urban problems like affordable housing and homelessness, as well as catalyzing overall economic development and reducing poverty in the nation’s urban cores.

Source: Through the Gender Lens: A Look at a New Blended Capital Fund for Urban Cores – Inside Philanthropy – Inside Philanthropy

Kiersten Marek

Author: Kiersten Marek

Kiersten Marek, LICSW, is the founder of Philanthropy Women. She practices clinical social work in Cranston, Rhode Island, and writes about how women donors and their allies are advancing social change.

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