Mayor Freddie O'Connell, community partners launch Nashville Catalyst Fund.
Fund will provide fast, flexible loans to help affordable housing partners.
Initial investment of $20 million come from American Rescue Plan Act (ARPA) funds.
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Senay Ataselim-Yilmaz, Chief Operating Officer, Turkish Philanthropy Funds, writes that philanthropy often solves the very problems that stems from market failure. Some social issues, however, cannot be tackled by questioning the return on investment.