Across the globe, urban populations have increased rapidly, often outstripping available, affordable housing. Social housing can be seen as a potential remedy to this inequality and housing shortage.
Social housing is a broad term referring to rental housing which may be owned and managed by the state, by non-profit organizations, or by a combination of the two, usually with the aim of providing affordable housing.
The Foundation seeks to provide housing solutions for the needy, the elderly, working households, and others that the private housing market does not adequately serve. The goal is to partner with industry innovators to provide better accommodations for low-income residents, and connect them to the greater community with improved leisure and cultural amenities