Many funders are purpose driven and focused on the housing and food limitations experienced by neighborhoods, particularly communities of color that are challenged by racial justice and health equity. Philanthropic entities can often provide initial startup capital for affordable housing projects, capacity building funds to support nonprofit infrastructures, and social impact investment funds or bonds. Additionally, these sponsors can offer sustaining resources through grants. Philanthropic funders can also join forces to form collaborations that will shepherd additional assets that can be deployed across multiple initiatives to create multifaceted solutions to the complex concerns of housing and food insecurity. Philanthropic funders may also find benefit in creating funding collaboratives that bring together funders and/or investors with complementary interests and pools of capital to address a set of interrelated needs in food or housing systems via multiple coordinated investments.
See how philanthropic funders can help support food funding needs in North Carolina.
See how philanthropic funders can help support housing funding needs in North Carolina.