Program-Related Investment Archives - Gates Family Foundation
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News: Program-Related Investment

Program-related investments (PRIs) are impact-first investments that generally are structured to achieve below-market rate returns.


Grant

National Forest Foundation

$250,000 | Awarded: 2023

Up to $250,000 structured as a line of credit to fund the National Forest Foundation’s Western Slope In-Lieu Fee program. This program is the

Grant

Sober Apartment Living CO

$200,000 | Awarded: 2023

Sober Apartment Living provides an affordable apartment-style, sober-living setting that not only allows residents to gain strength, confidence, and conviction for their daily challenges,

Grant

indieDwell

$250,000 | Awarded: 2021

indieDwell, based in Boise, Idaho, is a public benefit corporation (PBC)* that builds modular, durable, sustainable, energy-efficient, affordable housing, while also creating living-wage jobs

Grant

Telluride Foundation

$200,000 | Awarded: 2021

The Rural Housing Initiative is a public-private-philanthropic partnership to build affordable, for-sale housing in rural Colorado. The Telluride Foundation launched the initiative to address