fbpx

BBXCapital Foundation Donates to United Way of Broward County’s Housing United Initiative

The United Way of Broward County’s Housing United received a three-year (2023-2025) gift totaling $100,000 from the BBX Capital Foundation to support and provide families with down payment assistance and housing subsidies. It will also help the Housing United initiative reach its goal of securing 2,500 units, impacting approximately 7,500 at-risk residents in our community. 

“It is the hope that this pioneer gift will inspire other companies, corporations, and philanthropists to get involved and to be a united front against the affordable housing crisis that our community is facing,” Kathleen Cannon says, president/CEO of United Way of Broward County. “There is no doubt these funds will have a long-lasting impact towards housing stability for the families we serve, and we couldn’t be more grateful to the BBX Capital Foundation for making this happen.” 

United Way of Broward County launched its Housing United initiative in 2022 to address the affordable housing crisis in Broward County. The program centers on a capital fund serving Broward’s cost-burdened residents with both immediate and long-term solutions to one of the most pressing issues facing Broward residents. 

“Affordable housing is currently a critical necessity for so many residents in Broward County,” Jarett Levan says, president and CEO of BBX Capital, Inc. and Trustee of the BBX Capital Foundation. “We are so fortunate that the BBX Capital Foundation can pave the way for United Way of Broward County’s Housing United’s mission to help our community provide homes for families in need.” 

Housing United uses a multi-pronged approach featuring a program-related investment model to raise capital and philanthropic funds, an advocacy component, and a collaborative community effort. United Way of Broward County established the fund with funds from the MacKenzie Scott gift fueled by an initial endowment of $10 million. It will leverage combined local, state, and federal dollars with philanthropic donations to deliver 2,500 affordable housing units over the next five years. 

Photo Credit: United Way of Broward County

You May Also Like

Dolphin Mall in Miami to Open Entertainment Venue Featuring Dining and Hospitality Options

Taubman Realty Group and Live! Hospitality & Entertainment partnered to create Vivo! Dolphin Mall, which will feature 62,000 square feet of dining and entertainment space with an expansive 30,000-square-foot al fresco plaza set to debut this summer. Vivo! will provide a destination for premium entertainment, food, drinks and first-class hospitality in Miami.  “It’s been incredible

Las Olas Wine & Food Festival Returns for 27th Anniversary

The Las Olas Wine and Food Festival (LOWFF) will celebrate its 27th anniversary on Friday, April 21. As one of Fort Lauderdale’s most extensive wine and food festivals, the event will transform Las Olas Boulevard and offer guests the opportunity to sip, sample and enjoy dishes from 40 of South Florida’s finest restaurants and more

Vinya Wine to Celebrate National No Phone Day With Miami’s Top Restaurants

Wanting restaurant guests to enjoy their meal and camaraderie with friends and family, Vinya Wine is spearheading an initiative to encourage patrons to enjoy a sip of wine with friends or family on National No Phone Day. Organized by Allegra Angelo, Vinya Wine partner and sommelier, Tuesday, April 18 has been declared No Phone Day,

W Hotel on Fort Lauderdale Beach to Host Post Tortuga Party

The Tortuga Music Festival on Fort Lauderdale Beach will bring thousands of concertgoers to the area for a weekend of live musical entertainment. The popular event is celebrating its 10th anniversary this year with headliners Eric Church (Friday), Shania Twain (Saturday) and Kenny Chesney (Sunday), each performing for more than 25,000 fans. However, the party

Other Posts

Dinner at Dusk Event Supports Tri-County Animal Rescue

The organization has rescued over 90,000 distressed animals.

Annual PAWS Gala Benefits Humane Society of Broward

The Lotus Blossom Ball event will be held on April 27.

American Heritage Schools Host Annual “K-9 Cause: An Evening of Art” Auction

Funds raised will benefit the Broward Sheriff Foundation’s Retired K-9 Relief Fund.

Alonzo Mourning’s Overtown Youth Center Celebrates 20th Anniversary

The philanthropic evening will usher in a new facility.