funds, along with conventional bank mortgages and equity from private investors, and pooled and given to community developers providing low-and moderate-income housing. Although each cdc develops its own buildings, the financing is aggregated into one pool, which facilitates fund raising and underwriting.

During the first half of the 1980s the Foundation also provided grant and pri support to develop loan funds customized to meet the special needs of nonprofit housing developers. Loans and grants helped capitalize projects undertaken by the following organizations:

• the Trust for Public Land, which provides cdcs with technical assistance and loans for site acquisitions;

• the National Housing and Community Development Law Project, which provides cdcs with technical assistance for tax-syndicated projects;

• the National Trust for Historic Preservation, which makes loans to preserve historic or landmarked housing for low-income residents;

• the Institute for Community Economics, which supports the early stages of community-based development in areas not served by lisc;

• the Housing Assistance Council, which provides rural cdcs with technical assistance and tax syndication services; and

• the Enterprise Foundation, which provides technical assistance and loans to community developers of very low-income housing units.

Although most housing support in the early 1980s was provided by the Foundation's Urban Poverty program and the Office of Program-Related Investments, a project of the Human Rights and Governance program—Innovations in State and Local Government—has acknowledged and rewarded creative local government efforts to solve housing problems.