Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How does a program-related investment (PRI) differ from a conventional grant?

conventional differ Investment PRI program-related
0
Posted

How does a program-related investment (PRI) differ from a conventional grant?

0 CommentsAdd a Comment

1 Answer

0

The Foundation expects to provide a total of $35 million in both grants and program related investments to selected grantees through the Awards for State and Local Housing Preservation Leaders initiative. As with regular grants, the proceeds of a program related investment (PRI) must be used to fulfill charitable purposes. However, unlike grants, PRIs must be repaid to the Foundation.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123