Washington Trust Charitable Foundation Donates $122,000 to Housing Organizations in Rhode Island
The grants are part of more than
"
-
Local Initiatives Support Corporation (LISC)- The$25,000 in funding will support LISC's 'Neighborhood Development Fund,' which helps to build capacity for local Community Development Corporations through training, resources and technical assistance. -
Neighborworks Blackstone River Valley - The$22,000 in funding will support their 'Focused Neighborhood Homeownership Initiative,' which provides intensive HUD-certified homebuyer assistance to help 20 renters to become first-time homeowners. -
West Elmwood Housing Development Corporation
- The
$20,000 in funding will be used to support their 'Matched Savings Incentive Program,' which provides financial capability workshops for future homeowners, and the 'Getting Your House In Order" program, which provides culturally specific financial education for African-Americans. -
ONE
Neighborhood Builders - The$20,000 in funding will be used to support the advancement of pre-development activities affiliated with the construction ofSheridan Village , a six-building modular development in Olneyville, which will create homeownership opportunities for upwards of 20 Rhode Islanders from low-to-moderate income households. -
Pawtucket Central Falls Development - The$20,000 in funding will be used to support their Homeownership Program, which has two major focus areas: providing bilingual pre- and post- purchase homebuyer education classes and supporting the construction and sale of single and two-family homes for first time homebuyers. -
Crossroads Rhode Island - The$10,000 in funding (year 2 of a 5-year,$50,000 commitment) will be used to support the "Roads to Home" Capital Campaign to create nearly 300 affordable permanent supportive apartments for formerly homeless adults in Providence. -
South County Habitat for Humanity - The$5,000 in funding (year 1 of a 2-year,$10,000 commitment) will help to support the construction of two new affordable homes onCardinal Lane inHopkinton that will be purchased by hard-working local families.
ABOUT WASHINGTON TRUST ®
Founded in 1800,
View original content to download multimedia:https://www.prnewswire.com/news-releases/washington-trust-charitable-foundation-donates-122-000-to-housing-organizations-in-rhode-island-302075266.html
SOURCE