NCB Capital Impact Receives Coveted $2 Million Social Innovation Fund Award for its Cornerstone Partnership Initiative

Two Year Award Enables Continuation of the Successful Cornerstone Homeownership Innovation Program WASHINGTON, D.C. (September 25, 2013) — An innovative effort that builds capacity of local programs that make affordable and sustainable homeownership a reality for millions of Americans received a vote of confidence with a two-year, $2 million continuation…

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Cornerstone Launches Stewardship Standards Project

Cornerstone Partnership, with support from the National Community Land Trust Network, has initiated a new, large-scale, long-term project to develop stewardship standards for the affordable homeownership industry. The goals of our project are to 1) develop standards for best practices by homeownership programs with lasting affordability and 2) evaluate the feasibility of…

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Cornerstone Seeks Input on Policy Options to Protect Former RDA Affordable Homes

Cornerstone Seeks Input on California Policy Options In early 2012, California closed 425 redevelopment agencies (RDAs), leaving the management of tens of thousands of affordable homes and more than a billion dollars of public investment at high risk. Since January 2013, Cornerstone Partnership has been conducting research to explore the…

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NCB Capital Impact Receives $1.9 Million From Ford Foundation

NCB Capital Impact’s, a community development finance institution in Washington, D.C., has announced a grant of more than $1.9 million from the Ford Foundation in support of its affordable housing efforts. The grant will be used to advance the organization’s Cornerstone Partnership, a network of more than seven hundred and fifty local homeownership…

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$1.3 Million CHIP Subgrants Announced

$1.3 Million Deployed Across U.S. Will Help Transform Investment to Support
 Homeownership for Lower Income Families   NCB Capital Impact Awards 10 Subgrants from its
 Cornerstone Homeownership Innovation Program   WASHINGTON, D.C. (February 28, 2012) — Affordable homeownership will become a reality for an estimated 300 low-income families per year, thanks…

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Cornerstone Partnership Awarded $2 Million by Social Innovation Fund

We are thrilled to announce that the Corporation for National and Community Service (CNCS) has selected NCB Capital Impact’s Cornerstone Partnership initiative as one of five new intermediaries that will be receiving awards from the Social Innovation Fund (SIF).  Cornerstone Partnership will be receiving $2 million. The $2 million grant will be used…

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