After gaining $130 million from its first fundraising campaign, Philadelphia nonprofit Project HOME plans to fund developments aimed at addressing the city’s affordable housing crisis, writes Ryan Mulligan for the Philadelphia Business Journal.

Under the leadership of new CEO Donna Bullock, Project HOME is moving forward with several projects that will create over 100 housing units.

In addition, Bullock also has access to $127 million in public funding secured through government programs and grants during the five-year campaign.

As a former Pennsylvania state representative, the new CEO also hopes to use her political connections to help affect policy around homelessness.

Project HOME was founded by Sister Mary Scullion and Joan Dawson McConnon in 1989 to solve chronic homelessness in Philadelphia by building housing for vulnerable populations. The pair ran day-to-day operations for over three decades until Bullock started in July.

“Our founders knew, and had always known, that homelessness is solvable,” said Bullock. “They planned for what would be the needs of our organization by starting this campaign five years ago. We now have critical operating support to continue to create and renovate residences here in the city of Philadelphia.”

The fundraising campaign also allowed Project HOME to create an endowment to sustain its programming and make further additions to the city’s affordable housing stock.

Read more about how Project HOME is addressing homelessness in the Philadelphia Business Journal.

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