Columbia Bank Provides $75,000 To Three Northwest Affordable Housing Organizations During Warm Homes Grant Campaign

Rhea-AI Summary

Columbia Bank has announced $75,000 in grants as part of its annual Warm Homes grant campaign. The funds, totaling $25,000 each, will support three organizations in Idaho, Oregon, and Washington focused on affordable housing solutions. Since the campaign's inception, Columbia has contributed over $300,000. The recipients include Jesse Tree, Community Supported Shelters, and The Coffee Oasis, all dedicated to preventing eviction and homelessness. Columbia Bank continues to demonstrate a commitment to addressing regional housing crises through innovative solutions.

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• Columbia Bank is providing $75,000 in grants to support affordable housing initiatives.
• The grants assist organizations dedicated to fighting homelessness in the Northwest.
• Columbia Bank has contributed over $300,000 through its Warm Homes grant campaign to date.

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• None.

TACOMA, Wash., May 10, 2021 /PRNewswire/ -- Columbia Bank today announced that, through its annual Warm Homes grant campaign, it is providing three one-time grants for $25,000 each to organizations in Idaho, Oregon and Washington that are working toward affordable housing solutions. 

To date, Columbia has provided more than $300,000 through the Warm Homes campaign. This year, Jesse Tree in Boise, Community Supported Shelters in Eugene, and The Coffee Oasis in the Puget Sound region – all advocates for preventing eviction and homelessness – will receive the grants.

"These organizations all play vital roles addressing homelessness in our region by developing innovative paths toward safe and sustainable housing for those most in need," said David Moore Devine, Columbia's executive vice president and chief marketing and experience officer. "We are honored to partner with them as we collectively work to tackle one of our region's most pressing challenges."

Columbia's Warm Homes provides funding for transitional or permanent affordable housing solutions. These entrepreneurial solutions work in partnership with additional programs and services targeted at lifting low income or underserved families and individuals out of the cycle of homelessness.

"The investment Columbia Bank has made in The Coffee Oasis youth shelter means that youth will sleep warm and safe tonight, rather than cold and alone, and tomorrow they will wake-up to a new day full of potential, with people who care for them and a community that supports them," said Daniel Frederick, executive director of The Coffee Oasis. "We truly believe that together we are creating opportunities for a promising future for youth facing homelessness."

"As the housing crisis continues to grow in the Treasure Valley, any unanticipated expense or shortfall can lead many families to a place where they can't pay their rent," said Ali Rabe, executive director of Jesse Tree. "With this funding from Columbia Bank, Jesse Tree will be able to help more of our neighbors keep their homes."

About Columbia 
Headquartered in Tacoma, Washington, Columbia Banking System, Inc. (NASDAQ: COLB) is the holding company of Columbia Bank, a Washington state-chartered full-service commercial bank with locations throughout Washington, Oregon and Idaho. The bank has been named one of Puget Sound Business Journal's "Washington's Best Workplaces," more than 10 times. Columbia was named the #1 bank in the Northwest on the Forbes 2021 list of "America's Best Banks" marking 10 consecutive years on the publication's list of top financial institutions. More information about Columbia can be found on its website at www.columbiabank.com.

Columbia Bank received the highest score in the Northwest region of the J.D. Power 2020 U.S. Retail Banking Satisfaction Study of customer satisfaction with their own retail bank. Visit jdpower.com/awards. 

Media Contact:
Financial Profiles, Inc.
Kevin Dobbs
kdobbs@finprofiles.com 
(310) 622.8245

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SOURCE Columbia Bank

FAQ

What is the Warm Homes grant campaign by Columbia Bank?

The Warm Homes grant campaign is an initiative by Columbia Bank to provide funding for organizations working towards affordable housing solutions.

How much funding is Columbia Bank distributing in 2021 for affordable housing?

In 2021, Columbia Bank is distributing $75,000 in grants, with $25,000 awarded to each of three organizations.

Who are the recipients of Columbia Bank's 2021 Warm Homes grants?

The 2021 recipients are Jesse Tree, Community Supported Shelters, and The Coffee Oasis.

How long has Columbia Bank been contributing through the Warm Homes campaign?

Columbia Bank has contributed over $300,000 since the inception of the Warm Homes campaign.

Which regions are benefiting from Columbia Bank's Warm Homes grants?

Organizations in Idaho, Oregon, and Washington are benefiting from the Warm Homes grants.