| PROGRAM-RELATED
INVESTMENTS |
Approvals |
Invested or
Guaranteed |
| Program-Related
Investments |
|
|
| Program-related
investments are capital funds invested in socially important
enterprises in various fields of Foundation interest. Investments
approved in fiscal 1985 are listed below, together with earlier
year commitments on which there were disbursements during the year.
The "Approvals" column shows amounts committed and the "Invested"
column shows amounts loaned or invested in Fiscal Year
1985. |
| 1985 Approvals |
|
|
| URBAN POVERTY |
|
|
| Boston Housing
Partnership (Boston, Mass.) |
|
|
| Rehabilitation of low- and
moderate-income housing Five-year loan, 5% |
$ 1,050,000 |
$1,050,000 |
| Institute for Community
Economics (Greenfield, Mass.) |
|
|
| Low-income housing
development |
1,000,000 |
|
| ICA Revolving Loan Fund
(Somerville, Mass.) |
|
|
| Expansion of worker-owned
businesses Five-year loan, 3% |
750,000 |
500,000 |
| Local Initiatives
Support Corp. (New York, N.Y.) |
|
|
| Low- and moderate-income
housing development in Chicago |
900,000 |
|
| National Trust for
Historic Preservation (Washington, D.C.) |
|
|
| Rehabilitation of
commercial, industrial, and residential properties of historic
significance |
1,000,000 |
|
| NEWSED Community
Development Corporation (Denver, Colo.) |
|
|
| Commercial revitalization
of low-income Hispanic neighborhood Four-year loan, 7% |
360,000 |
360,000 |
| Oakland Planning and
Development Corp. (Pittsburgh, Pa.) |
|
|
| Neighborhood development
loan fund |
450,000 |
|
| Piton Foundation
(Denver, Colo.) |
|
|
| Community development loan
fund |
2,000,000 |
|
| Interfaith Revolving
Loan Fund (Philadelphia, Pa.) |
|
|
| Expansion of worker-owned
businesses |
500,000 |
|
| Remediation and
Training Institute (Washington, D.C.) |
|
|
| Equipment purchase and
start-up assistance for community learning centers |
1,500,000 |
|
| RURAL POVERTY AND
RESOURCES |
|
|
| International Council
for Research in Agroforestry (Nairobi, Kenya) |
|
|
| Construction of
headquarters building |
650,000 |
|