Funders for Housing and Opportunity (FHO) is a cross-sector, non-partisan, national funder collaborative with a shared vision: That all renters, regardless of income, can afford safe, stable housing in communities that support better health, economic mobility, and educational achievement.
Over 12 million households in America – one out of every four renter households – spend more than half of their income on rent or do not have a home at all. Over 9.6 million of those households have an annual income of less than $15,000, and people of color are disproportionately impacted. The private market alone has not produced enough housing that people with the lowest incomes can afford. In its place, local, state, and regional solutions are emerging that hold promise for adaptation and replication.
FHO believes that a stable home is so much more than a commodity. Housing is a platform for achieving better life outcomes and thriving communities for all of us. Safe, stable housing means:
children do better in school
seniors are healthier longer and more socially connected
parents and children experience better mental health
workers are more productive
trips to emergency rooms are reduced
families have more disposable income to strengthen their financial security and boost local economies.
FHO is working to ensure that the provision of housing is an essential part of our nation’s efforts to improve the life outcomes of the most vulnerable American families.
Strategy and Funding Priorities
Members of the Funders for Housing and Opportunity collaborative share the common belief that housing stability is a cross-sector issue, that housing security creates pathways to opportunities, and that the scale of the problem cannot be addressed in isolation. The collaborative seeks to catalyze a movement that fundamentally changes the way we think about, talk about and provide housing in our country.
To this end, Funders for Housing and Opportunity is making investments that will spark large-scale change in three complementary, interdependent priorities in order to:
- Advance efforts that will result in more people being able to afford safe and stable housing. This is accomplished by supporting policy change at the local, state, and Federal levels through national and state level advocacy work and local resident engagement.
- Raise awareness about housing as a shared public concern through efforts that pose alternatives to commonly held but misleading beliefs about why housing matters and its connection to opportunity.
- Highlight solutions and amplify what works by funding proven and replicable local- and state-level initiatives that expand cross-sector solutions.
By coordinating strategies, Funders for Housing and Opportunity will catalyze large-scale, sustainable, long-term change.