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Britain's newly elected Labour government is looking to the financial world for help dealing with the country's housing crisis, the Guardian reports.
According to the Telegraph, affordable housing is a major issue in the UK, with one in four people unable to afford to live in their own home.
The new government is looking to the financial world for help with the problem, with its chief secretary to the UK Treasury, Darren Jones, hosting a roundtable on impact investment last week.
"The sector is growing, with a 12-fold increase in social impact investments made in the UK over the last 12 years, but we need to accelerate this investment if we are going to address the increasing inequalities in our society," Jones says.
According to the Guardian, more than $5 billion has been invested in social impact projects in the UK over the last 12 years.
The new government wants to see that figure rise to $10 billion.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
If you're looking for a safe way to invest in the world's burgeoning "green" debt market, National Bank of Canada has just the thing: green bonds. The bank is offering investors a chance to take...more
Asset manager Nuveen says it has raised $170m for a new fund that aims to make a positive impact on the world, the Guardian reports. The fund, called the Nuveen Climate and Social Credit Fund,...more
Britain's newly elected Labour government is looking to the financial world for help dealing with the country's housing crisis, the Guardian reports. According to the Telegraph, affordable...more
The Blue Revolution Fund has wrapped up its $93 million round of investments, and it's putting its money where its mouth is. The fund, a collaboration between the Nature Conservancy and Hatch...more
"Women innovators and researchers are often disenfranchised from accessing funds for their research and innovations, and in most cases, they do not have the opportunities that are available on the...more
The Blue Revolution Fund has closed its $93 million round of funding, which will allow it to invest in more than a dozen early-stage aquaculture ventures that aim to improve ocean health, address...more
The Community Foundation for Western Iowa announced Monday that the Women's Fund of Southwest Iowa's latest grant cycle has awarded $100,000 in project funding to nine organizations, including three...more
Climate change is already having a big impact on real estate prices, and it's only going to get worse, according to researchers at the University of California-Santa Barbara. In a paper published...more
"Everything is becoming more automated," says Polina Osherov, executive director of Indiana nonprofit PATTERN, which is hosting its second Indiana Creative Economy Summit on Oct. 9 in...more
If you're looking for a way to give back to your community, there's a new investment vehicle out there that's more than willing to do just that. It's called the Social Impact Fund, and it's the...more
Social Entrepreneurship
Spotlight
New Age of Philanthropy: #GivingTuesday
A part of a series produced by The Huffington Post in celebration of #GivingTuesday, which will take place this year on December 3, Kathy Calvin and Henry Timms vouch that we are living in a new era of philanthropy.
