Strategic Investment Opportunities
Funders Together helps philanthropies align their resources with those of other funders in both the public and private sectors so that we are all working together to implement effective solutions to homelessness. Below are strategic and innovative investment opportunities that we recommend to our members. As part of our commitment to a systems change approach to solving homelessness, Funders Together engages in education, convening, and advocacy around these partnerships.
Leveraging $15 million in federal funding ($1.9 million from philanthropy) for the HUD-VA Housing First demonstration project, which will house 700 veterans in 14 cities. Results of this project will be given to Congress and will potentially alter the way the VA services its homeless veteran population.
- Our blog post
- A letter from HUD Secretary Shaun Donovan to philanthropic partners (linked to in our blog post)
- USICH HUD-VASH housing first page
Partnerships to Demonstrate the Effectiveness of Supportive Housing for Families in the Child Welfare System
Promoting the Department of Health and Human Services and the Administration for Children and Families replication of the Keeping Families Together pilot project in New York City. We hope to leverage $25M of HHS funding over the next 5 years with philanthropic sector matching funds.
Los Angeles (LA) Homeless Funders Group RFP to Address Chronic Homelessness
The LA Homeless Funders Group, a Funders Together regional network, recently announced a single $42 million Request for Proposals (RFP) for projects providing housing and supportive services for people identified as chronically homeless. The RFP will distribute $5 million in private funds contributed by 11 different philanthropic funders and $37 million in public funds contributed by seven agencies across two cities and the county. It is anticipated that these funds will leverage an additional $33 million in public resources after the grants are awarded.
CSH Social Innovation Fund
Leveraging $4 million in federal funds to support the Corporation for Supportive Housing’s Social Innovation Fund grant, which addresses the most costly, hard to serve chronically homeless. This project will help develop cutting-edge models that build new kinds of partnerships between supportive housing providers health services and philanthropy.