The Affordable Housing Initiative (AHI), launched by United Way of Greater Los Angeles (UWGLA) in 2021, has proven to be one of the most innovative solutions to L.A.’s leading driver of homelessness: the lack of affordable housing.
To date UWGLA has secured and raised over $170 million in collaboration with Apple, Conrad N. Hilton Foundation, Kaiser Permanente, Spiegel Family Fund, Jordan Corngold & Susannah Blinkoff, PNC Bank, U.S. Bank, Barclays, Nixon Peabody LLP, Chapman and Cutler LLP, and Orrick, Herrington & Sutcliffe LLP who provided philanthropic investments, private capital, or in-kind contributions which were fundamental to the realization of this initiative. Fund II closed, raising over $110 million.