LOW-INCOME NEIGHBORHOODS no longer experience the levels of communitywide disinvestment that they did through the 1990s, but their residents still face significant poverty, risk of displacement, and limited economic mobility. For this reason, Change Capital Fund (CCF), a New York City donor collaborative, formed to invest in sophisticated community organizations that implement data-driven strategies integrating […]
Press Releases
Launching Stronger Together – New Poverty Fighting, Education and Employment Program for Public Housing Residents
Fifth Avenue Committee, Inc. (FAC), an award-winning Brooklyn-based community development corporation, formally launched Stronger Together: Creating Opportunities for Public Housing Residents in Red Hook and Gowanus with an inaugural program outreach day and press conference. Stronger Together is a new program partnership led by Fifth Avenue Committee in collaboration with its partners Brooklyn Workforce Innovations […]
New York City Change Capital Fund Launches New Initiative to Support Community Development Groups Tackling Poverty
The New York City Change Capital Fund (CCF), a collaboration of 17 foundations and financial institutions dedicated to the revitalization of distressed New York City communities, today announced the launch of a new initiative to harness the strength of community development corporations (CDCs) to reduce poverty in high-need New York City neighborhoods. CCF is funding […]