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National Affordable Housing Organizations Enter Joint Venture to Address Growing Needs

Three leading organizations working in affordable housing development and finance entered into a unique partnership to integrate their work. The three organizations are the Low Income Investment Fund (LIIF), a national Community Development Financial Institution; Stewards of Affordable Housing (Stewards), a nonprofit collaborative of 13 of the highest capacity housing developers and owners; and the National Affordable Housing Trust (NAHT), a nonprofit low-income housing credit syndicator. The joint venture will allow them to collaboratively address national affordable housing needs at scale, achieve long-term sustainability, and innovate to find new solutions. The SeaChange-Lodestar Fund for Nonprofit Collaboration provided a grant to help fund implementation costs of the partnership.

Grant Information

Grant Amount: $40,000

Year Granted: 2021

Grantee: Low Income Investment Fund (LIIF)

Location: National