Emerging Philanthropic Trends and The Ripple Effect
In recognition of the increased interest the philanthropic and corporate communities are taking in affordable housing challenges, Enterprise’s M. A. Leonard moderated a panel entitled Emerging Philanthropic Trends in Affordable Housing at the 2019 Housing Washington in Spokane.
Panelist Amy Liu of Microsoft Philanthropies discussed Microsoft’s new initiatives to address the growing need for affordable workforce housing in the Puget Sound Region. Panelist John Griffith from the Ballmer Group provided some initial insight into the Ballmer Group’s current thinking around economic mobility for families and their exploration of possible roles for the organization in affordable housing.
Both Liu and Griffith described their current work as a "learning journey” to find out what works, the role their organizations could play, along with other partners, to address issues in their communities.
The Ripple Effect
At Chicago Title’s Fall Symposium Access: The Ripple Effect, on Oct. 11, M.A. Leonard presented Enterprise’s Home & Hope Initiative which ties affordable housing with early childhood education. The session explored the strong connections between schools and housing for an audience of title insurance and other real estate professionals.
The panel consisted mainly of educators. Leonard joined to discuss the shortage of preschool opportunities and current efforts, including Enterprise’s work to use affordable housing as a platform to address the extreme shortage of preschool classrooms and facilities.
“While there are efforts in various places around the country, there is not a comprehensive system to finance early learning centers," Leonard said. "We have a rich network of affordable housing providers with good real estate development skills – that is far less the case in the early learning world.”