Durham's Center for Responsible Lending wins $2 million MacArthur Foundation award

Staff writerFebruary 17, 2012 

The Durham-based Center for Responsible Lending has won a $2 million award from the MacArthur Foundation.

The nonprofit was one of 15 organizations given one of the foundation's annual awards for creative and effective institutions.

The awards are different from the so-called "genius grants" the foundation gives to individuals each year.

The Center for Responsible Lending is a consumer advocacy group that works to help homeowners avoid foreclosure and to prevent lenders from using predatory financial practices.

It is a division of the Community Center for Self-Help, a nonprofit group founded in 1980 by Martin Eakes. Self-Help has helped thousands of low-income homeowners.

The Center for Responsible Lending's $2 million award was the second largest of the 15 awarded on Thursday.

Other institutions receiving MacArthur awards include the Center for Investigative Reporting, the Carnegie Moscow Center, and the International Center for Not-for-Profit Law.

For a complete list go here.

News & Observer is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service