Investing – that was the title of MacKenzie Scott's 2024 essay where she described her over $2 billion of giving this year (https://lnkd.in/gdwYH4HY) posted on her Yield Giving website. She noted, "Roughly 75% of [gifts] are non-profits that support the economic security and opportunity of people who are struggling by improving access to affordable housing, jobs that provide stability for themselves and their families, child development and post-secondary education, healthcare, and financial counseling, business coaching, and low-interest rate loans focused on increasing economic potential and building wealth.” Housing Trust was one of 83 CDFIs who received one of Ms. Scott’s incredibly generous and transformative gifts this year. This focus on CDFIs is affirmation that collectively we empower opportunity and are an industry worth investing in. ICYMI, back in October, Housing Trust was deeply honored to receive a generous $30 million gift from Yield Giving in support of our mission to use transformative housing finance and public and private partnerships to create more equitable and affordable communities in the 14-county greater Bay Area (more at https://lnkd.in/eEZkradz). Many of the 83 CDFIs are members of the Opportunity Finance Network, the organization that started the first CDFI and led the growth of our industry across the country. #HousingTrust #AffordableHousing #Equity #CommunityBuilding #MacKenzieScott #PublicPrivatePartnerships
