Neighborhood Reinvestment Corporation Grant



Organization - Neighborhood Reinvestment Corporation
Grant Amount - $575,000
Foundation - Ford Foundation
Grant Purpose - For the Nonprofit Mortgage Broker Initiative to help selected NeighborWorks network members develop self-sufficient nonprofit mortgage operations to serve low- and moderate-income borrowers


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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.




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