Funders Collaborative grants nearly $500K in First Quarter of 2011

May 3, 2011

In the first quarter of 2011, the Funders Collaborative awarded five grants totaling $496,000. Of the five grants awarded in Q1, one grant supports the Funders Collaborative goal of promoting Access to Affordable Housing, and four others support the goal of creating Vibrant Transit-Oriented Places.

Access to Affordable Housing

  • The Local Initiatives Support Corporation received $146,000 in March to support the Central Corridor Affordable Housing Coordinated Plan Working Group and the creation of a Central Corridor affordable housing strategy. Details of the group and strategy will be shared in upcoming news.  

Vibrant Transit-Oriented Places

From conferences and bicycles, to creative placemaking and station planning, four grant recipients received a total of $340,000 towards initiatives that will create places that stimulate community life and provide access to opportunities.

  • The Culture Brokers Foundation received $20,000 in January to support the 2011 Ethnic Cultural Tourism Destinations Conference, which will take place on July 13, 2011.
  • Nice Ride Minnesota received $250,000 in February to support the expansion of the Nice Ride Minnesota bicycle sharing system into the Central Corridor and its neighborhoods. An exciting launch event is being planned prior to summer.
  • Hamline Midway Coalition received $20,000 in March 2011 to support the Central Corridor Friendly Streets Initiative, a project addressing the design and use of the residential streets immediately north of University Avenue during construction and operation of light rail. The Initiative will host a series of block parties this summer to introduce residents to concepts and methods such as creative placemaking and traffic calming to make streets more user friendly.
  • Prospect Park East River Road Improvement Association received $60,000 in March to support a Development Framework and Implementation Plan for the 29th Avenue station area.

Through Q1 2011, the Funders Collaborative has made 38 grants worth more than $3.6M within four key areas, including Access to Affordable Housing, Strong Local Economy, Vibrant Transit-Oriented Places, and Coordination and Collaboration. For a list of grants, click here and check funderscollaborative.org for recent updates.