Transformational change in cities requires a level of investment and a time horizon beyond what is currently available from government and philanthropy. One of the challenges faced by neighborhood-based groups trying to drive change has been that for generations, government and philanthropy have been the only sources of funding relating to low-income people in cities. However, Living Cities believes that in order to make enduring change a reality, we must engage private markets and capital to work on behalf of low-income people.
The Catalyst Fund supports communities that are invested in needed resources, such as health care facilities.
Catalyst Fund loans help communities create new job opportunities.
Funding from Living Cities has helped to build new schools.