A $100 million investment in community well-being
The Quality Jobs Fund is a major initiative to enhance and transform underserved communities by seeding sustainable, long-term, well-paid jobs, and skill upgrading for working people. The program will operate primarily in Arizona, California, and Nevada, along with select innovative national models.
Driven by rigorous, on-the-ground research, the Quality Jobs Fund is ready to address some of the problems of local economic decline and resulting inequality through high-quality job creation, small business expansion, and skill upgrading in vital growth industries.
When people gain a stake in their own communities, they commit to improving their own lives and the lives of their neighbors.
Strategies led by local communities
We set out on a 12-month intensive study and planning process and identified projects making a difference in the FHLBank San Francisco’s three-state region. The research inquiry included five roundtable meetings with community leaders, business leaders, labor leaders, academics, job training professionals, and national and regional experts. Based on the information gathered and best practices examined, we developed the strategy behind the Quality Jobs Fund.
Putting the Quality Jobs Fund to work
Beginning in 2017, New World Foundation has selected intermediary organizations based on promising, innovative new programs, and long-standing ventures with a proven track record. We will be sharing our portfolio soon. Stay tuned!