At Jacob’s Well
For more than 30 years, At Jacob’s Well has provided transitional housing for hundreds of mentally ill men and women. In 1998, AJW expanded its program into subsidized permanent housing when it became part of Baltimore’s Shelter+Care program. The combination of transitional units and permanent units has created successful outcomes toward AJW’s goal of ending homelessness among the mentally ill. AJW has embarked on a project to eliminate reliance on third party landlords by transferring residents in leased units to owned units. AJW has been fundraising to acquire and renovate targeted properties. This Program-Related Investment provided a low-cost, $100,000 working capital loan to maintain programming during the acquisition and renovation process.