STOCK TITAN

Brothers Redevelopment Inc. Receives $300,000 Grant From KeyBank To Support Senior Citizen Housing Program

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

KeyBank has awarded a $300,000 grant to Brothers Redevelopment, Inc. (BRI) to support their Community Aging in Place - Advancing Better Living for Elders (CAPABLE) program. This program helps low-income aging individuals continue living in their homes by providing minor safety improvements and accessibility enhancements. The grant will allow BRI to expand the program from the Pikes Peak region to metro Denver.

BRI, founded in 1971, has served over 40,000 Coloradans through housing provisions and programs. The CAPABLE program, piloted in 2022, has shown positive outcomes. It offers guidance from occupational therapists and registered nurses to determine necessary support for improving home safety and accessibility.

KeyBank, with assets of approximately $187 billion as of June 30, 2024, operates in 15 states and provides various financial services to individuals and businesses.

KeyBank ha assegnato una grant di $300.000 a Brothers Redevelopment, Inc. (BRI) per sostenere il loro programma Community Aging in Place - Advancing Better Living for Elders (CAPABLE). Questo programma aiuta le persone anziane a basso reddito a continuare a vivere nelle loro case fornendo miglioramenti della sicurezza e accessibilità minori. La sovvenzione permetterà a BRI di espandere il programma dalla regione di Pikes Peak all'area metropolitana di Denver.

BRI, fondata nel 1971, ha servito oltre 40.000 Coloradani attraverso forniture di alloggi e programmi. Il programma CAPABLE, avviato nel 2022, ha mostrato risultati positivi. Offre supporto da parte di terapisti occupazionali e infermieri registrati per determinare il supporto necessario per migliorare la sicurezza e l'accessibilità domestica.

KeyBank, con attivi di circa $187 miliardi al 30 giugno 2024, opera in 15 stati e fornisce vari servizi finanziari a privati e aziende.

KeyBank ha otorgado una a Brothers Redevelopment, Inc. (BRI) para apoyar su programa Community Aging in Place - Advancing Better Living for Elders (CAPABLE). Este programa ayuda a las personas mayores de bajos ingresos a continuar viviendo en sus hogares al proporcionar pequeñas mejoras en la seguridad y accesibilidad. La subvención permitirá a BRI expandir el programa de la región de Pikes Peak a la zona metropolitana de Denver.

BRI, fundada en 1971, ha atendido a más de 40,000 habitantes de Colorado a través de provisiones de vivienda y programas. El programa CAPABLE, que se piloto en 2022, ha mostrado resultados positivos. Ofrece orientación de terapeutas ocupacionales y enfermeras registradas para determinar el apoyo necesario para mejorar la seguridad y accesibilidad en el hogar.

KeyBank, con activos de aproximadamente $187 mil millones a partir del 30 de junio de 2024, opera en 15 estados y proporciona diversos servicios financieros a individuos y empresas.

KeyBank는 Brothers Redevelopment, Inc. (BRI)에 $300,000 보조금을 수여하여 그들의 지역 사회 노인 주거 지원 프로그램 (CAPABLE)을 지원합니다. 이 프로그램은 저소득 노인들이 자신의 집에서 계속 거주할 수 있도록 사소한 안전 개선 및 접근성 향상을 제공합니다. 이 보조금은 BRI가 파이크스 피크 지역에서 메트로 덴버로 프로그램을 확장할 수 있게 해줄 것입니다.

1971년에 설립된 BRI는 주택 제공 및 프로그램을 통해 40,000명 이상의 콜로라도 주민을 지원해왔습니다. 2022년에 시범 운영된 CAPABLE 프로그램은 긍정적인 결과를 보여주었습니다. 이 프로그램은 직업 치료사와 등록된 간호사로부터 안전성과 접근성을 개선하기 위한 필요한 지원을 결정하는 지침을 제공합니다.

KeyBank는 2024년 6월 30일 기준으로 약 $1870억의 자산을 보유하고 있으며, 15개 주에서 운영하며 개인과 기업에 다양한 금융 서비스를 제공합니다.

KeyBank a accordé une subvention de 300 000 $ à Brothers Redevelopment, Inc. (BRI) pour soutenir leur programme Community Aging in Place - Advancing Better Living for Elders (CAPABLE). Ce programme aide les personnes âgées à faible revenu à continuer à vivre chez elles en fournissant des améliorations mineures en matière de sécurité et d'accessibilité. La subvention permettra à BRI d'étendre le programme de la région de Pikes Peak à la région métropolitaine de Denver.

BRI, fondée en 1971, a servi plus de 40 000 habitants du Colorado grâce à des provisions et programmes de logement. Le programme CAPABLE, lancé en 2022, a montré des résultats positifs. Il offre des conseils d'ergothérapeutes et d'infirmières diplômées pour déterminer le soutien nécessaire pour améliorer la sécurité et l'accessibilité à domicile.

KeyBank, avec des actifs d'environ 187 milliards $ au 30 juin 2024, opère dans 15 États et propose divers services financiers aux particuliers et aux entreprises.

KeyBank hat an Brothers Redevelopment, Inc. (BRI) einen 300.000 $ Zuschuss vergeben, um ihr Programm Community Aging in Place - Advancing Better Living for Elders (CAPABLE) zu unterstützen. Dieses Programm hilft einkommensschwachen älteren Menschen, weiterhin in ihren Häusern wohnen zu können, indem es kleine Sicherheitsverbesserungen und Zugänglichkeitsverbesserungen bereitstellt. Der Zuschuss ermöglicht es BRI, das Programm von der Pikes Peak-Region auf die Metropolregion Denver auszudehnen.

BRI, gegründet im Jahr 1971, hat über 40.000 Coloradoaner durch Wohnungsangebote und Programme unterstützt. Das 2022 eingeführte CAPABLE-Programm hat positive Ergebnisse gezeigt. Es bietet Unterstützung von Ergotherapeuten und registrierten Krankenschwestern, um die notwendigen Unterstützung zur Verbesserung der Haussicherheit und Zugänglichkeit zu ermitteln.

KeyBank, mit Vermögenswerten von etwa 187 Milliarden $ zum 30. Juni 2024, ist in 15 Bundesstaaten tätig und bietet Einzelpersonen und Unternehmen verschiedene Finanzdienstleistungen an.

Positive
  • KeyBank's $300,000 grant supports expansion of BRI's CAPABLE program to metro Denver
  • BRI has served over 40,000 Coloradans through housing provisions and programs
  • CAPABLE program has shown positive outcomes since its pilot in 2022
  • KeyBank reports assets of approximately $187 billion as of June 30, 2024
Negative
  • None.

DENVER, CO / ACCESSWIRE / September 3, 2024 / KeyBank has awarded a $300,000 grant to Brothers Redevelopment, Inc. (BRI), a Denver-based nonprofit organization providing housing improvement and related services to vulnerable Colorado residents. The grant will support BRI's Community Aging in Place - Advancing Better Living for Elders (CAPABLE) program.

The CAPABLE program helps low-income aging individuals to continue residing in their primary residences thanks to minor home safety projects that reduce the risk of falling, enhance accessibility and improve general safety and functionality of the home. CAPABLE clients receive guidance from occupational therapists and registered nurses to determine the support needed for improving safety and accessibility in their homes.

"Brothers Redevelopment is empowering our vulnerable community seniors with the benefits and services required to age in place," said Chris Picardi, KeyBank Colorado market president. "This grant will help provide the safety and accessibility improvements needed to allow our lower-income aging neighbors to live in the comfort and affordability of their own homes."

BRI began piloting the CAPABLE program in the Pikes Peak region in 2022 and it has achieved many positive outcomes. The KeyBank grant will allow BRI to expand the program to metro Denver.

BRI was founded in 1971 with a mission to provide housing repairs for low-income individuals in Denver. With community support through donations of time, materials and money, BRI has served more than 40,000 Coloradans through housing provisions and housing programs over the last year.

"We are incredibly grateful for KeyBank's generous support of our CAPABLE program," said Jeff Martinez, President of Brothers Redevelopment. "This funding will make a significant impact on the lives of countless older adults in our community, allowing them to maintain their independence and dignity while aging in place."

About Brothers Redevelopment Inc.

Established in 1971, Brothers Redevelopment is a nonprofit housing organization that provides housing and housing-related services to low-income, elderly and disabled residents across Colorado. Brothers Redevelopment owns and/or manages dozens of communities across the metro area, offering affordable apartments to income-qualified tenants. Additionally, Brothers Redevelopment provides services through other programs, including Colorado's only housing helpline, Colorado Housing Connects (1-844-926-6632); Home Modifications and Repair; Paint-A-Thon (free house painting for seniors); Aging in Place (senior services); Housing Counselling/Rental Navigation; Temporary Rental and Utility Assistance; and Landlord recruitment.

About KeyCorp

KeyBank's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $187 billion at June 30, 2024. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,200 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is a Member FDIC.

CONTACT:

Brothers Redevelopment, Inc. | Joseph Rios | 720-448-0746 | jrios@brothersredevelopment.org
KeyBank | Jennifer Shermer | 303-902-9419 | Jennifer@KeetonPR.com

View additional multimedia and more ESG storytelling from KeyBank on 3blmedia.com.

Contact Info:

Spokesperson: KeyBank
Website: https://www.3blmedia.com/profiles/keybank
Email: info@3blmedia.com

SOURCE: KeyBank



View the original press release on accesswire.com

FAQ

What is the amount of the grant KeyBank (KEY) awarded to Brothers Redevelopment Inc. in September 2024?

KeyBank awarded a $300,000 grant to Brothers Redevelopment Inc. in September 2024.

What program will the KeyBank (KEY) grant support at Brothers Redevelopment Inc.?

The KeyBank grant will support Brothers Redevelopment Inc.'s Community Aging in Place - Advancing Better Living for Elders (CAPABLE) program.

How many Coloradans has Brothers Redevelopment Inc. served through its housing programs?

Brothers Redevelopment Inc. has served more than 40,000 Coloradans through housing provisions and housing programs over the last year.

What was KeyBank's (KEY) reported asset value as of June 30, 2024?

KeyBank reported assets of approximately $187 billion as of June 30, 2024.

KeyCorp

NYSE:KEY

KEY Rankings

KEY Latest News

KEY Stock Data

18.80B
991.28M
0.36%
79.34%
1.56%
Banks - Regional
National Commercial Banks
Link
United States of America
CLEVELAND