Understanding that stable homes provide an important platform for individual success and thriving communities, nine of the nation’s largest private foundations have joined forces to create the Funders for Housing and Opportunity collaborative with the goal of ensuring individuals and families across America who spend more than half of their income on rent  – or have no homes at all — will be able to afford safe, stable rentals in thriving communities. Together, Funders for Housing and Opportunity will commit grant dollars that will be used to catalyze systemic change; $4.9 million has already been committed to four grantees over the next three years.