Displaying items tagged: Frey Foundation

GRAND RAPIDS — The Frey Foundation has invested $500,000 in the New Community Transformation Fund, a Grand Rapids capital fund that invests in minority-owned businesses.

Arecently published study from Up for Growth, a national housing advocacy and research group, found housing underproduction in Michigan has reached 87,491 homes — a 311-percent increase since 2012. 

Armed with new data on economic security, education and health outcomes, nonprofit officials hope an array of policy changes enacted during the COVID-19 pandemic to address children’s and families’ needs are made permanent.

The Grand Rapids City Commission is considering a $250,000 contribution to an emergency pandemic relief fund for undocumented immigrants and mixed status families who reside in the city and need housing assistance.

GRAND RAPIDS — The city of Grand Rapids needs to add nearly 9,000 housing units over the next five years to satisfy high market demand, according to a housing needs assessment prepared for city officials. 

The economy in Northern Michigan may differ greatly from West Michigan’s, but leaders in both areas of the state have started to grapple with a common challenge: a lack of affordable housing. As in the greater Grand Rapids region, the inability of workers to find available affordable housing has reached crisis levels across the northern Lower Peninsula, in both rural markets and in cities like Traverse City and Petoskey.

GRAND RAPIDS — Five distinct areas of Grand Rapids’ southside likely will soon have an Area Specific Plan (ASP) to help guide development. 

GRAND RAPIDS — A Grand Rapids nonprofit is beginning efforts to create a land trust that will allow for low-income home ownership in the city’s core neighborhoods.

Foundations face a changing landscape both in how they raise money and award grants to nonprofit organizations. MiBiz recently brought together leaders from four West Michigan foundations to talk about the trends they see today. 

When Jennifer Goulet departed as president and CEO of Creative Many Michigan Inc. in September after 11 years, board members decided to hire a well-known philanthropic leader to lead the arts advocacy organization as it figured out the type of leadership it needed for the future. 

GRAND RAPIDS — If people of color continue to be underrepresented in Michigan’s philanthropic and nonprofit sector, industry leaders fear the funding, programs and services they provide might fail to reach people who most need it.

Snaking across eastern and northern Ottawa County on its way to Lake Michigan, the Grand River provides much more than a source of recreation and a home to aquatic wildlife.