Earlier this week, we released the 15th annual Greater Boston Housing Report Card in a packed event at the Edgerley Center for Civic Leadership.
Once again, Barry Bluestone and his team did yeoman’s work, pulling together state and local data on sales, rentals, permits and the general state of our economy - and laid out a possible plan for a new type of development that could meet the needs for the city’s growing millennial and senior populations - a 21st century village of smaller, but mixed units designed to feature and provide elements that create and support community.
Over the course of the coming academic year, we will be sharing the insights of students and coaches from Success Boston, Boston’s citywide college completion initiative. Together, the Boston Foundation, the Boston Public Schools (BPS), the City of Boston, Boston Private Industry Council, and 37 area institutions of higher education led by UMass Boston and Bunker Hill Community College join with local nonprofit partners in an effort to double the number of BPS graduates completing college.
This week, we meet Oscar Torres, a student at UMass Boston and Juanita Tabb, a Success Counselor with Bottom Line.
Two weeks ago, I had the great opportunity to give a talk at The Annenberg Foundation in Los Angeles around corporate social responsibility and the innovation economy. TBF was honored to participate in AnnenbergTech’s thought leadership series, an initiative focused on engaging the burgeoning tech industry in Silicon Beach and broader Los Angeles with supporting nonprofits and their communities. Executives and senior leaders from LA’s tech sector were in attendance, including Snap Inc., Riot Games, Headspace, Omaze and YouTube.
The Boston Foundation's 2016 Greater Boston Housing Report Card was released last week and taught us that while the economy in Massachusetts is booming the dearth of affordable housing is worsening, particularly for our region's poor. The news, while concerning, reminded me that as we seek solutions, some of our most important lessons for the next several years may have been taught and learned in the past.
This year marks the 30th birthday of the Low Income Housing Tax Credit (LIHTC), a federal tax incentive that spurs development of low income housing. The LIHTC was first passed in 1986, as part of a landmark tax bill. And I had the privilege of working with other allies on the design and enactment of this housing credit when I was the president of LISC, the Local Initiatives Support Corporation.
So we shared with you a few days ago the release of The Boston Foundation’s 2016 Greater Boston Housing Report Card: The Trouble with Growth – How Unbalanced Economic Expansion Affects Housing, along with some highlights of the report card. Now that we’ve all had a few days to digest the report, we have a few more thoughts on the impact a lack of affordable housing has on our region’s poverty rate. Please take this to heart.
Two weeks ago we shared with you the big news that Pledge 1%, the global movement of 1,000 companies in more than 30 countries that have pledged one percent of their businesses' equity for philanthropy and social change, is coming to Boston.
Well, time flies, and we're just six days away from the launch of Pledge 1% Boston. So we thought it was time you heard from a couple of people whose company was the first in Boston to make the pledge: Adam Martel and Rich Palmer, co-founders of Gravyty.
We have so many exciting initiatives in the works at the Boston Foundation that will, hopefully, benefit the greater arts community in Boston in the coming weeks and months, not the least of which is our alliance with Futurecity, which we shared in this recent blog post.
But sometimes, as we work toward the future it can be easy (for you and us!) to forget our past. So periodically, we're going to share with you our "There at the Beginning" stories about the 100-plus Greater Boston organizations for whom the Boston Foundation was there at the start with seed money, logistical or operational support, or all of the above.
With arts work on the mind, we thought in this post we'd share a quick origin story for the American Repertory Theater, an organization we helped find its way out of the starting gates.
On an almost daily basis we hear or see in news media about the increasing unaffordability of housing in Greater Boston and in coastal cities and towns across the U.S.
In many ways, these municipalities are lucky. Increasing housing costs are driven by new people coming to our region to take advantage of the growing economy and job opportunities.
BUT...the result is thousands of families unable to afford both rent and food as the supply of housing is squeezed.
If you're not familiar with Boston EdTalks but are familiar with Ted Talks or TedX, think Ted Talks with a focus on primary education and with a slate of speakers exclusively comprised of grade school, middle school and high school teachers, and you'll understand EdTalks.
Hi there, Boston!
It has been a while since we brought you a blog post, but that doesn't mean the Boston Foundation has been sitting on its collective hands.
On the contrary, since that last post, among other things we have:
- celebrated our Centennial and published two history books along the way - one about the birth and evolution of the Boston Foundation and one about 100-plus thriving Greater Boston organizations for which the foundation was "there at the beginning," with seed funding and strategic support, including WGBH and the New England Aquarium;