National Low Income Housing Coalition

Promise Robotics Raises USD$15 Million Series A to Enable the Homebuilding Industry to Close the Housing Gap at Scale

Retrieved on: 
Tuesday, October 31, 2023
PSP, United Brotherhood, Greenhouse, National Low Income Housing Coalition, Housing, Fugitive emission, Robotics, Carbon, Li Ka-shing, Investment, Autodesk, Risk, Partnership, Public Sector Pension Investment Board, GHG, Eye, USD, Canada Mortgage and Housing Corporation, AI, Automation, Housing Corporation, Built environment, Renewable energy, Oil

TORONTO, Oct. 31, 2023 /PRNewswire/ -- Promise Robotics, an AI company developing a cloud-based industrial production platform for robotic construction and assembly, today announced it raised USD$15 million in Series A funding, bringing its total funding raised to date to USD$25 million. This round was led by Horizons Ventures with participation from Radical Ventures, Public Sector Pension Investment Board (PSP Investments), and strategic investors, including United Brotherhood of Carpenters, Relay Ventures, and Alate Partners. The new funding will help Promise Robotics commercialize its robotic factory platform to support its growing demand from homebuilders and to continue expanding  

Key Points: 
  • To bridge this gap, new home building rates would need to triple - a near-impossible feat with traditional construction technology.
  • Promise Robotics AI-driven system enables the homebuilding industry to deploy automation at scale to address labor shortages, save costs, and significantly increase the speed of sustainable home production from custom single-family to multi-story buildings.
  • To enable the homebuilding industry, Promise Robotics' robotic system aims to remove the risk for homebuilders by offering products that benefit from a decade of operational excellence, continuous improvement, and successful homebuilding.
  • Promise Robotics is well-positioned to be a disruptive force in this industry," said Kerry Liu, an investor at Horizons Ventures.

Riaz Capital Recognized as Oakland Developer of the Year

Retrieved on: 
Wednesday, October 25, 2023
JHC, San Francisco Bay Area, Housing, Jobs, Face, United House Developments, Green affordable housing, Quality of life, National Low Income Housing Coalition, Economic development, Developer, Film industry

OAKLAND, Calif., Oct. 25, 2023 /PRNewswire/ -- Leading workforce multifamily specialist Riaz Capital, a pioneer of quality affordable housing for moderate-income professionals in the Bay Area, has been awarded Developer of the Year by the Oakland Jobs and Housing Coalition (JHC).

Key Points: 
  • Pioneering Affordable Moderate-Income Housing Developer recognized as Developer of the Year by the Oakland Jobs and Housing Coalition.
  • OAKLAND, Calif., Oct. 25, 2023 /PRNewswire/ -- Leading workforce multifamily specialist Riaz Capital , a pioneer of quality affordable housing for moderate-income professionals in the Bay Area, has been awarded Developer of the Year by the Oakland Jobs and Housing Coalition (JHC).
  • In 2024, Riaz Capital will reach a new milestone by delivering 470 units in Oakland.
  • "We are honored to be recognized as Developer of the Year by the Jobs and Housing Coalition," said Riaz Taplin, Founder & CEO of Riaz Capital.

AmeriHealth Caritas Launches First of Three Investments to Support Innovative Community-Based Programs for Vulnerable Pennsylvanians

Retrieved on: 
Wednesday, September 27, 2023
Legal, Seniors, Philanthropy, Family, Managed Care, Health, Consumer, General Health, Other Philanthropy, Digital divide, AmeriHealth, National Low Income Housing Coalition, CHC, Housing, Senior, Community, Investment, Risk, Nursing, Medicaid

The first of three planned investments will provide at-risk older adults with access to housing-related legal assistance.

Key Points: 
  • The first of three planned investments will provide at-risk older adults with access to housing-related legal assistance.
  • Through the AmeriHealth Caritas’ Community HealthChoices (CHC) health plans, the plans of choice for eligible Pennsylvanians, $200,000 has been granted to SeniorLAW Center to fund this new initiative.
  • “We are committed to supporting Pennsylvanians with complex health care needs in innovative and efficient ways, with an overriding goal to promote independent living and participant satisfaction,” said Stephan Roker, Senior Vice President, Community HealthChoices for AmeriHealth Caritas.
  • We are privileged to serve those upon whose shoulders we all stand.”
    AmeriHealth Caritas will make additional investments in community-based programs in the coming months.

Registration Opens for the 2023 Nevada Youth Homelessness Summit featuring Award-Winning American Poet and Writer Jimmy Santiago Baca as Keynote Speaker

Retrieved on: 
Thursday, August 24, 2023
National Low Income Housing Coalition, University of Nevada, Reno, Housing, Partnership, University, U.S. Department of Defense Strategy for Operating in Cyberspace, Homelessness, Jewish Council on Urban Affairs, Youth, Smith Center for the Performing Arts, Policy, United States Secretary of Housing and Urban Development, International Prize (Fyssen Foundation), Risk, Movement, LAS, Las Vegas Review-Journal, Incidence, A Place to Stand, a Place to Grow, Nevada Department of Education, Prince Sultan bin Abdulaziz International Prize for Water, Summit, Clark County School District, NYSE, Performing arts, Casino

LAS VEGAS, Aug. 24, 2023 /PRNewswire/ -- Nevada Partnership for Homeless Youth (NPHY) and Las Vegas Sands (NYSE: LVS) today announced registration is open for the expanded Nevada Youth Homelessness Summit on Nov. 8 at The Smith Center for the Performing Arts. Jimmy Santiago Baca, winner of the International Prize for his memoir A Place to Stand, will provide the keynote address.

Key Points: 
  • Jimmy Santiago Baca, winner of the International Prize for his memoir A Place to Stand, will provide the keynote address.
  • We must take action on a broader scale to combat these developments and create better safety nets for at-risk youth."
  • According to the U.S. Department of Housing and Urban Development, in 2022 roughly 12% of youth experiencing homelessness across the United States were residing in Nevada.
  • To expand The Movement to End Youth Homelessness statewide, a steering committee is spearheading content planning and participant engagement for Summit 2023.

Down and Out in Beverly Hills: Hospitality Workers’ Union, UNITE HERE Local 11, Files Initiative in Beverly Hills for the Nation’s Highest Minimum Wage

Retrieved on: 
Tuesday, July 25, 2023
Professional Services, Public Policy, Government, State, Local, Human Resources, Lodging, Labor, Travel, Panic, National Low Income Housing Coalition, Food, Housing, City, University, Airport, Housekeeper, Restaurant, UNITE, Astoria, Legislation, Hotel, Waldorf Astoria New York

Today, UNITE HERE Local 11 filed an initiative in the City of Beverly Hills that would require hotels to pay their workers $30 an hour.

Key Points: 
  • Today, UNITE HERE Local 11 filed an initiative in the City of Beverly Hills that would require hotels to pay their workers $30 an hour.
  • Citing the housing crisis, the union is demanding employers pay a living wage so that workers can afford to live near where they work.
  • The proposed law would be the highest minimum wage in the country.
  • Workers are demanding further wage increases in large part due to rising housing prices.

Hospitality Workers’ Union, UNITE HERE Local 11, Files Initiative for the Nation’s Highest Minimum Wage in Santa Monica

Retrieved on: 
Wednesday, July 19, 2023
Public Relations, Investor Relations, Communications, Restaurant, Bar, Food, Beverage, Lodging, Vacation, Destinations, Retail, Tourist Attractions, Travel, National Low Income Housing Coalition, University, UNITE, Airport, City, Housing, Legislation, Hotel

Today, UNITE HERE Local 11 filed an initiative in Santa Monica that would require hotels to pay their workers $30 an hour.

Key Points: 
  • Today, UNITE HERE Local 11 filed an initiative in Santa Monica that would require hotels to pay their workers $30 an hour.
  • Citing the housing crisis, the union is demanding employers pay a living wage so that workers can afford to live near where they work.
  • The proposed law would be the highest minimum wage in the country.
  • Meanwhile, the hotel industry in Santa Monica is booming with rates above $600 a night and revenue exceeding pre-pandemic levels.

Sands' 2023 Support for Nevada Partnership for Homeless Youth Targets the Immediate Needs and Emotional Well-Being of Youth in Crisis, While Aiming to Build Lasting Solutions

Retrieved on: 
Tuesday, July 18, 2023
National Low Income Housing Coalition, Partnership, Food, Housing, U.S. Department of Defense Strategy for Operating in Cyberspace, Homelessness, Face, Youth, COC, United States Secretary of Housing and Urban Development, Clothing, Strategic planning, Peasant Movement Institute station, Incidence, Movement, National Safe Place, Mental, The Movement, Emergency shelter, System, Transport, Summit, NYSE, Tourism, Nursing, Video game

LAS VEGAS, July 18, 2023 /PRNewswire/ -- Las Vegas Sands (NYSE: LVS) today announced it has contributed $300,000 to its long-time partner Nevada Partnership for Homeless Youth (NPHY), bringing the company's total contributions to the fight to end youth homelessness with NPHY to more than $2.3 million since 2014.

Key Points: 
  • Integral to these operations is funding to support an additional staff person to enhance program delivery.
  • Finally, Sands and NPHY recently announced their continued partnership to co-present the Southern Nevada Youth Homelessness Summit, which NPHY and Sands have hosted annually since 2017.
  • Sands' support for youth homelessness falls under the global Sands Cares community engagement program's priority on hardship relief.
  • To support NPHY in the fight to end youth homelessness, visit https://nphy.org/ .

FHLBank San Francisco Awards Over $26 Million in Grants to Wide Array of California-Based Affordable Housing Groups

Retrieved on: 
Tuesday, July 11, 2023
National Low Income Housing Coalition, Citizens Business Bank, Woodlands, Total, Partnership, Housing, Century Housing Corporation, Homelessness, Disability, AHP, Rehabilitation, Veteran, Federal Home Loan Banks, Hope, City National Bank, Community development, National Community Renaissance, Substance abuse, Property management, Renewable energy

SAN FRANCISCO, July 11, 2023 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) today announced it awarded over $26 million in Affordable Housing Program (AHP) grants to fund 30 projects that will create 2,420 units of affordable housing in California. FHLBank San Francisco is the largest privately-owned source of affordable housing funding within its region - comprising California, Arizona, and Nevada - and collectively with the other Federal Home Loan Banks, one of the largest privately-owned grantors in the country.

Key Points: 
  • Providing resources for affordable housing is a core element of FHLBank San Francisco’s mission, with a firm commitment to deploy at least 10% – and up to 15% – of its net profits from the prior year to fund affordable housing and related community investment programs.
  • Grants are delivered through FHLBank San Francisco member institutions partnering with nonprofits and affordable housing developers to submit applications for grants for specific projects in an annual funding competition.
  • In total for the 2023 program cycle, the Bank’s AHP awarded $32.9 million in funding for 38 affordable housing projects in California, Arizona, and Nevada.
  • Since 1990, we have contributed over $1.14 billion in AHP General Fund and Nevada Targeted Fund grants to support 141,000 units of affordable housing.

FHLBank San Francisco Awards $4.8 Million in Grants to Nevada-Based Affordable Housing Groups

Retrieved on: 
Monday, July 10, 2023
National Low Income Housing Coalition, Clearing house, Partnership, Housing, Golden Rule, Disability, NA, AHP, Public housing, Rehabilitation, Veteran, Federal Home Loan Banks, SAN, NHC, Rome, Bank, Toyota Financial Services, Substance abuse, Casino, Renewable energy, Property management

SAN FRANCISCO, July 10, 2023 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) today announced $4.8 million in affordable housing grants to Nevada-based groups through its newly established Affordable Housing Program (AHP) Nevada Targeted Fund. This Targeted Fund – a first of its kind in the country – is an important component of the Bank’s AHP and represents a significant commitment to addressing the critical shortage of affordable housing in the state. The grants will be distributed to six qualified projects to create or revitalize over 260 units of affordable housing throughout Nevada.

Key Points: 
  • SAN FRANCISCO, July 10, 2023 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) today announced $4.8 million in affordable housing grants to Nevada-based groups through its newly established Affordable Housing Program (AHP) Nevada Targeted Fund .
  • The grants will be distributed to six qualified projects to create or revitalize over 260 units of affordable housing throughout Nevada.
  • Grants are delivered through FHLBank San Francisco member institutions partnering with nonprofits and affordable housing developers to submit applications for grants for specific projects in an annual funding competition.
  • Since 1990, FHLBank San Francisco has contributed over $1.14 billion in AHP General Fund and Nevada Targeted Fund grants, making them the largest privately-owned source of affordable housing funding in their three-state region.

FHLBank San Francisco Awards $32.9 Million in AHP Grants to Address the Region’s Significant Affordable Housing Shortfall

Retrieved on: 
Monday, July 10, 2023
Woodlands, NLIHC, Partnership, Housing, Senior, Disability, Native, View Point, AHP, Rehabilitation, Public housing, USA House, Veteran, GAP, Federal Home Loan Banks, Washoe people, National Trust Community Investment Corporation, Hope, SAN, NHC, City National Bank, National Low Income Housing Coalition, Region, Pomo, Substance abuse, Renewable energy, Airline, Grant

SAN FRANCISCO, July 10, 2023 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) today announced $32.9 million in Affordable Housing Program (AHP) grants have been awarded to fund 38 projects that will create 2,825 units of affordable housing throughout Arizona, California, and Nevada. FHLBank San Francisco is the largest privately-owned source of affordable housing funding in its three-state area and collectively with the other Federal Home Loan Banks, one of the largest privately-owned grantors in the country.

Key Points: 
  • FHLBank San Francisco is the largest privately-owned source of affordable housing funding in its three-state area and collectively with the other Federal Home Loan Banks, one of the largest privately-owned grantors in the country.
  • According to the National Low Income Housing Coalition’s (NLIHC) report The GAP 2023 , less than 4 million affordable rental homes are available nationwide for 11 million extremely low-income renters.
  • Grants are delivered through FHLBank San Francisco member institutions partnering with nonprofits and affordable housing developers to submit applications for grants for specific projects in an annual funding competition.
  • Learn more about the communities, families, and individuals that have benefited from access to AHP-funded housing on the Bank’s website.