National Urban Reconstruction and Housing Agency (NURCHA): Open Society Institute, 1995

Source: 
Center for Strategic Philanthropy and Civil Society (Duke)

Date

2007

Case Study Sector

Health

The National Urban Reconstruction and Housing Agency (NURCHA) was created with donations of $5 million each from the Open Society Institute (OSI) and the South African government. In addition OSI appropriated a further $50 million to guarantee bank loans for bridging finance. NURCHA’s goal was to make available funding for real estate developers and contractors to build low-cost housing for South Africa’s poor.

Link

Keyword

  • Evaluation
  • Strategy

Region

  • Africa

Blog Posts

More on time, value, and time limits

April 3, 2017

A new report applies a theory of time and value in philanthropy to three real cases, to see how a foundation could decide whether to operate with a limited life, based on the amount and kind of value it hopes to create.

Events

Oct 05

Rip Rapson
President and CEO
The Kresge Foundation