Mission Housing Development Corporation’s Post

ICYMI: Nonprofit Quarterly, “Small buildings are a crucial part of our affordable housing ecosystem. And when it comes to community ownership of real estate, smaller buildings are key.” The Foreclosure Intervention Housing Preservation Program (#FIHPP) is KEY to preserving buildings like these, but it’s on the chopping block in state budget negotiations. Read more about the impact of affordable housing preservation: https://lnkd.in/gZuXQ8VS

County leaders may limit how much money they give to nonprofit groups and projects serving low-income neighborhoods in light of looming budget challenges. The Santa Clara County Board of Supervisors today is considering capping community spending per district at $1 million, but potentially raising the ceiling to $2 million for districts with greater need, such as District 2. The county’s technical term for such spending is “inventory items.” During the budget process, supervisors can propose one-time funds related to various community programs. Read the story: https://lnkd.in/gQEdzCzX

In the coming days, we will be discussing the specific asks that Habitat will be making for increased funding for affordable housing in FY25 as well as how to contact your representative to support your local affiliate. Ask 2: HOME HOME is an Investment Partnerships Program. HOME provides formula grants to states and localities that communities use, often in partnership with local nonprofit groups. HOME is used to fund a wide range of activities including building, buying, and/or rehabilitating affordable housing for rent or homeownership as well as providing direct rental assistance to those who are considered low-income. HOME is the largest federal block grant to state and local governments designed exclusively to provide affordable housing for low- or limited-income households. THE ASK: HOME to be funded at $2.5B in FY25.

Today, the Appropriations Committee passed a bill creating a fund to provide resources to nonprofits, although they did not adopt a budget proposal of their own for FY25. Read our statement: https://lnkd.in/evn5cZKT Statement from Gian-Carl Casa on the Appropriations Committee’s budget decisions: “Connecticut’s revenue system is delivering hundreds of millions of dollars more than is needed to fund the state budget, and will continue to do so for the foreseeable future. We appreciate that the Appropriations Committee and legislative leaders are working to find a way to allocate additional much-needed funding for some programs, and that nonprofit human services are one of their top priorities. “Nonprofits who contract with the wealthiest state in the country to provide services for the most vulnerable people in the state, deserve to be properly funded. We will continue to make our case for more funding to legislators and the governor in the coming weeks.” #strongertogether #funding #nonprofitleadership #CT #budget #nonprofitfunding #leadership #legislation #support #nonprofits #community #services

From airports to stadiums, manufacturing firms to nursing homes, and schools to nonprofits — we've successfully lowered utility bills across a diverse array of industries. At Tenurgy, saving money for large organizations and enabling them to reinvest those funds is our specialty. But don't just take our word for it; hear directly from our satisfied clients. Check out their stories at https://lnkd.in/gzGKCd8e and see how we can help your organization thrive! #tenurgy #utilityaudit #utilitybillaudit #utilitysavings #utilityrefund #utilitybill #savingsandrefunds #energyaudit #business #operatingexpenses #cutbusinesscosts

"As part of the #WHY15 campaign, Nonprofit New York celebrates a $58 million restoration to city libraries, allowing them to serve their communities on Sundays, and a number of cultural institutions were relieved to find themselves back at baseline budget levels." "It is important to note that too many nonprofits and agencies did not see crucial funding restored. Some of these nonprofits will be forced to close their doors because their organizational needs were zeroed out of the recently approved budget. Nonprofits supporting the parks and open spaces - places that are crucial to public health and safety - are forced, once again, to confront the challenges created by a consistent lack of investment and funding." Read Nonprofit New York's FULL #WHY15 Statement on the FY 2025 Adopted Budget here: https://bit.ly/3RVyk00

Take 10 minutes to use our budgeting tool! Your responses will help us chart a course to secure appropriate funding for the nonprofit sector. We'll share the responses with funders, government, and other stakeholders and make recommendations on how to stabilize the sector and allocate funding. Your participation is crucial!  https://lnkd.in/gHrTAUZ7

As housing prices continue to soar across our area, too many local families are struggling to access decent, affordable homes and achieve homeownership. At Habitat for Humanity of Northern Saratoga, Warren, and Washington Counties, we are committed to building homes, communities, and hope for those who need it most—but we rely entirely on donors like you to fund our work. We receive no operational funding from government sources, which makes your support more critical than ever. Today, on World Habitat Day, we ask you to stand with us. Whether it’s $10, $100, or more, your donation today will go directly toward building homes for families who are priced out of our housing market. 💙 Every dollar helps us change lives by providing not just a house, but a foundation for a better future for generations to come. Donate now and make a tangible impact in our community: https://lnkd.in/gFkqDtx Together, we can create a world where everyone has a decent place to live. Let’s build homes, communities, and hope - today!

The 3rd key element of a grant application that help nonprofits secure grants is a well-defined and compelling project or program plan. 😇💲

A donor-advised fund offers tax benefits and flexibility for your clients' giving. But it's just one option in the community foundation's toolkit. Explore endowments, trusts, bequests and more to create a diversified philanthropic portfolio. #FinancialAdvisors #Finance #ProfessionalAdvisors