Friendships are finally getting their due. Once relegated to a distant third position after life partners and children, a spate of new books are spotlighting the importance of friends. And research shows that people with close friends are healthier – both emotionally...
Purpose Prize
The Latest from CoGenerate
An Intergenerational Approach to Getting Families Housed in Santa Barbara
Lyiam Galo is the co-director of Generations United for Service, a program of the Northern Santa Barbara County United Way and one of 10 awardees of the CoGen Challenge to Advance Economic Opportunity. Watch for interviews with all 10 of these innovators bringing...
Utilizing Faith-Owned Land to Strengthen Intergenerational Community in Seattle
E.N. West is the co-founder and lead organizer of the Faith Land Initiative of the Church Council of Greater Seattle, one of 10 awardees of the CoGen Challenge to Advance Economic Opportunity. Watch for interviews with all 10 of these innovators bringing older and...
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William Kelly
Purpose Prize Fellow 2007
Enabling large nonprofits to became national players in preserving affordable housing.
When apartments are converted to co-ops and condominiums, too often affordable housing is lost. Since 1995, Americans have lost more than 300,000 affordable apartments to such conversions or to deterioration in weak markets; hundreds of thousands more are at risk. Bill Kelly is working to stem the tide of those losses by creating a new force in shaping government policy and a new market player – large nonprofit organizations that combine scale and business savvy with social missions and a commitment to helping residents to build better lives by giving them stable housing. Kelly, a former policy maker at the U.S. Department of Housing and Urban Development and corporate lawyer, saw that government policy reflected the outdated notion that affordable apartment buildings are owned either by large developers motivated solely by profit or by small nonprofits with few resources. In 2003, with several leading nonprofits, Kelly co- created Stewards of Affordable Housing for the Future (SAHF) to build the capacity of large nonprofits to affect public policy and to buy and preserve affordable housing. Today the organization’s members own more than 800 properties in 48 states, Puerto Rico, the U.S. Virgin Islands, and the District of Columbia. The group preserved 5,000 affordable apartments for low-income seniors, disabled individuals, and families in 2006 alone. In addition, SAHF has launched an initiative to help affordable housing owners cut their utility bills by 25 percent through increased energy efficiency.