Type | Grant |
Start Date | 2012-00-00 |
Amount | 2,000,000 USD |
Notes | Funders Goldman Sachs will provide $9 million in senior loan financing through its Social Impact Fund. The Kresge Foundation and Living Cities together will provide $3 million ($1.5 million each) in junior loan financing.† Laura and John Arnold Foundation, New Profit, and The Boston Foundation together will provide $6 million in grants ($3.7 million from Laura and John Arnold Foundation, $2 million from New Profit, and $300,000 from The Boston Foundation). |