RiseBoro Gala Raises $660,000 for Housing Programs
The nonprofit organization held a gala to support its ongoing community initiatives across New York City.
Updated on Oct. 30, 2026 in Philanthropy
RiseBoro successfully raised $660,000 at a recent gala dedicated to funding housing and community programming. The event celebrated the organization's efforts to provide resources for seniors, youth, and health services in Brooklyn.
Why it matters
The funds will bolster RiseBoro's mission to support vulnerable populations through economic empowerment and essential community programs. This support ensures the organization continues its long-term work addressing housing instability in New York City neighborhoods.
RiseBoro raised $660,000 at its annual gala to support programs serving New York City residents. The nonprofit currently manages a portfolio of more than 4,600 affordable housing units.
The players
Kirsten Gillibrand
Kirsten Gillibrand is a United States Senator representing New York who was recognized as an honoree at the event.
Mark Levine
Mark Levine is the Manhattan Borough President who served as one of the gala honorees.
Lisa Gomez
Lisa Gomez is a housing leader who was honored at the event for her contributions to community development.
Ralph Bumbaca
Ralph Bumbaca is a community leader who received recognition as an honoree at the RiseBoro gala.
Errol Louis
Errol Louis is a prominent journalist and political commentator who served as the emcee for the fundraising gala.
The details
Hosted by emcee Errol Louis, the evening recognized honorees Kirsten Gillibrand, Mark Levine, Lisa Gomez, and Ralph Bumbaca with ceremonial street signs. RiseBoro has spent the last 50 years developing community services and affordable housing across the city.
Timeline
The RiseBoro gala occurred in October 2026.
Market Landscape
This gala highlights the growing reliance on private and non-profit fundraising to address urban housing shortages. It follows a pattern set by the 50-year history of RiseBoro in scaling community-managed real estate assets against broader city-wide affordability challenges.
Residents in Brooklyn and other city neighborhoods may see expanded access to youth and senior services as a direct result of these funds. The capital ensures the organization can maintain its existing affordable housing stock and operational capacity.
The takeaway
Nonprofit fundraising remains a critical mechanism for sustaining neighborhood-level social safety nets in major cities. Community members looking to support local housing initiatives should monitor annual gala schedules for opportunities to contribute to similar long-term infrastructure projects.
Further reading
For more information on local charitable efforts, visit the Philanthropy section.
Source note: This article includes information reported by AmNewYork.
