Living Cities

About

Living Cities is a collaborative organization established in 1991, uniting philanthropic foundations and financial institutions. Its mission is to close the racial wealth gap in the United States by harnessing the collective power of these sectors. The organization aims to create an economy that ensures economic security and wealth-building opportunities for all individuals in U.S. cities. To achieve its goals, Living Cities employs several strategies, including promoting inclusive capital, increasing homeownership among marginalized communities, and fostering equitable entrepreneurial ecosystems. The organization manages impact investing funds, such as the Catalyst Fund, to create economic opportunities and affordable housing. It also partners with city governments and other institutions to drive systemic change and provides resources to empower changemakers in their communities. Over the years, Living Cities has made significant contributions to community development and innovative financial models, supporting inclusive procurement and equitable development projects.