WASHINGTON, DC, MAY 25, 2017- IHC Global is honored by a grant from News Corp Philanthropy, a multimedia organization whose mission is to improve the lives of others through investing in a variety of causes including education and training. The grant will assist IHC Global to support functioning property markets grounded in private property rights in emerging markets. The grant also supports the merger between International Housing Coalition and the International Real Property Foundation (IRPF) in an organization known as IHC Global. News Corp and realtor.com join the National Association of Realtors, Habitat for Humanity and others in supporting IHC Global.
This grant will assist IHC Global in its endeavor to advance equitable urban development around the world, including the development of international real estate systems in emerging markets. It supports IHC Global’s journey as a newly merged coalition which will focus on housing, property rights, and urban development, in light of unprecedented worldwide urbanization and the challenges and opportunities that it brings.
IHC Global Co-Chair and former Board Chair of IRPF, Joe Hanauer, said, “We’re extremely grateful for the support of News Corp and realtor.com. Their support recognizes the uniqueness of IHC Global’s ability to contribute to solving the growing issues of shelter quality in developing and emerging economies.” Echoing this sentiment, IHC Global CEO Judith Hermanson added, “The importance of urban issues for global stability and prosperity cannot be underestimated, and the support of News Corp Philanthropy and realtor.com is an invaluable recognition of the new global urban reality.”
IHC Global is a coalition of private sector, non-profits and individuals providing advocacy, awareness and hands-on training and assistance around the world. As the next few years are critical to achieving the Sustainable Development Goals and the New Urban Agenda, IHC Global will continue to advance urban development that improves living conditions and opens opportunities for all.