Nine national organizations are pledging to raise $37 million in grants and loans to provide "supportive housing" for homeless people and to work together in a new partnership to end homelessness.Approximately 250,000 individuals and as many as 30,000 families are believed to face long-term homelessness, according to the new Partnership to End Long-Term Homelessness. Supportive housing combines permanent housing with health, social, and employment services. "We encourage other foundations, corporations, and providers of national, state, and local levels join us and work together to put in place a solution to chronic homelessness," said Risa Lavizzo-Mourey, president of the Robert Wood Johnson Foundation. Other partners include Fannie Mae and its foundation, Deutsche Bank, The Conrad Hilton Foundation, The Rockefeller Foundation, and Melville Charitable Trust. The new partnership will also strive to increase public funding for supportive housing
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The new president, a 35-year industry veteran, explains the value every lender, vendor and regulator can get by participating in the standards organization.
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