ONE|NB

Blog post written by Jessica David and published by the Rhode Island Foundation on Monday, November 19, 2018.  “Impact investing is about aligning financial investments with mission,” says Jessica David, executive vice president of Strategy and Community Investments at the Foundation. Last year, we began investing, beyond traditional grant making efforts, in Rhode Island-based efforts that generate measurable social impact and a financial return. Our goal is to invest up to 5 percent of our endowment in these types of investments. One Neighborhood Builders (ONB) is one of these investments. Its Protecting Providence Property (P3) program is a pilot effort to develop…

Article published by the Providence Journal on Tuesday, October 30, 2018. By Madeleine List Journal Staff Writer  $22-million affordable housing project at 60 King St. is completed with 60 units PROVIDENCE, R.I. — Between 1958 and 1988, hundreds of employees worked at the Imperial Knife Factory in Olneyville, manufacturing folding pocket knives, stainless steel cutlery and tableware. Today, that same mill building boasts 60 new apartments for families of varying income levels. “In the coming weeks, 60 families will come home to a beautiful apartment here,” said Dan Drazen, project manager for Trinity Financial, the developer of the $22-million affordable housing…

Left to right: Larry Warner (Strategic Initiative Officer: Healthy Lives, RI Foundation), Neil Steinberg (President & CEO, RI Foundation), Ana Novais (Executive Director, RIDOH), Jennifer Hawkins (Executive Director, ONE|NB), Robert McMahon (Board Chair, ONE|NB), Allyson Plantz (Chief of Staff, ONE|NB), Lorraine Lalli (Board member, ONE|NB), Rochelle Lee (Board member, ONE|NB), Elmer Stanley (Board member, ONE|NB), Allegra Scharff (Community Building Manager, ONE|NB), and Kimberly Dennin (AmeriCorps VISTA Volunteer, ONE|NB). $3.6M in grants to combat health disparities announced by Rhode Island Foundation Article published by the Providence Journal on Friday, October 19, 2018. Read more about this story on Latino Public Radio, and PBN. By G. Wayne Miller Journal Staff Writer The grants,…