MetLife Foundation recently announced that it is awarding $500,000 among 12 nonprofit community development groups in Boston, Chicago, Los Angeles, New York City and the San Francisco Bay Area as part of its 2010 Community Development Initiative.

The organizations are being recognized for leadership and excellence in implementing affordable housing and economic development activities that increase access and opportunity in diverse lower-income neighborhoods. 

The groups received grants of up to $50,000 each. Since 2009, MetLife Foundation has awarded $1 million through the Community Development Initiative.

Read more: http://www.digitaljournal.com/pr/187375#ixzz18gIdqRuV