Affordable Housing

Ensuring Families Have Safe and Affordable Homes

News stories over the last few years have been full of the devastating effects of families struggling with losing their homes. For 15 years, Calvert Foundation has been striving to make affordable housing available for families across the country – and we remain committed to ensuring that families have access to safe and affordable homes despite current economic conditions.

Real-Life Returns

The “real-life returns” of a Community Investment Note investment are measured by the lives that are changed for the better. When the father of her children was incarcerated, Leanne Nunley (pictured here with children, Acelon(4), Alijeh(3) and Ariana(2)), a veterinarian’s assistant, bounced from one temporary housing situation to another. With a loan made possible by Calvert Foundation borrower Federation of Appalachian Housing Enterprises, she was able to buy her own home. In her words, “This is a great program. I know that the economic times are tough right now and that a lot of organizations are losing their funding, but this program really helps people. I would never be able to get a loan with that low of an interest rate and afford a house of my own. I don’t think that it is up to anyone else to take care of anyone else. I work a full-time job, but without assistance, I would not be able to make it at all.”

© Photo by Richard Lord for Calvert Foundation

Call us at 800.248.0337, or invest online (minimum $20) through online investment marketplace MicroPlace, the first socially responsible brokerage specializing in microfinance investments. Term and rate combinations vary from one to 10 years and 0.5 to 2 percent.

> Why invest in affordable housing?
> Profiles of all Calvert Foundation borrowers