Nine of the leading foundations, nonprofits and financial institutions have launched a collaborative effort to end homelessness.
The new Partnership to End Long-Term Homelessness, which includes the Rockefeller Foundation, Fannie Mae and Deutsche Bank, has committed $30 million to the effort and will raise another $30 million from private-sector groups.
The goal of the partnership is to “fuel a vigorous, focused national effort to reduce long-term homelessness” by raising public awareness and creating more supportive housing for the chronically homeless, which includes some 250,000 individuals and 15,000 families, the partnership says.
The Corporation for Supportive Housing and the National Alliance to End Homelessness will carry out the partnership’s plans, which include a goal of creating 150,000 supportive housing units throughout the U.S. within the next decade.
Additional members of the partnership, each of which has committed at least $1 million, are The Conrad N. Hilton Foundation, Robert Wood Johnson Foundation, Melville Charitable Trust and Fannie Mae Foundation.