U.S. Bank Provides $9 Million in Community Possible Grants
U.S. Bank has distributed over $9 million in Community Possible grants to 400+ nonprofits focused on creating stable housing environments. The grants support organizations working to provide opportunities for people to work, live and play. Notable recipients include Humility Homes & Services, Inc. (HHSI) in Davenport, Iowa, which maintains over 130 rental housing units and provides rapid rehousing services, and The Housing Fund (THF) in Nashville, Tennessee, which offers capital and loans to support low-income communities.
The grants are part of a larger initiative, with the U.S. Bank Foundation providing more than $47 million in total grants in 2024, including giving through the Community Possible program and the U.S. Bank Foundation Opportunity Fund. The foundation focuses on closing gaps between people and possibility in areas of work, home, and play.
U.S. Bank ha distribuito oltre 9 milioni di dollari in sovvenzioni Community Possible a più di 400 organizzazioni non profit, focalizzate sulla creazione di ambienti abitativi stabili. Le sovvenzioni supportano le organizzazioni che lavorano per offrire opportunità alle persone di lavorare, vivere e divertirsi. Tra i destinatari notevoli ci sono Humility Homes & Services, Inc. (HHSI) a Davenport, Iowa, che gestisce oltre 130 unità abitative in affitto e fornisce servizi di reinserimento rapido, e The Housing Fund (THF) a Nashville, Tennessee, che offre capitale e prestiti per supportare le comunità a basso reddito.
Le sovvenzioni fanno parte di un'iniziativa più ampia, con la U.S. Bank Foundation che fornisce oltre 47 milioni di dollari in sovvenzioni totali nel 2024, compreso il programma Community Possible e il fondo di opportunità della U.S. Bank Foundation. La fondazione si concentra sulla chiusura dei divari tra le persone e le possibilità in ambiti di lavoro, casa e svago.
U.S. Bank ha distribuido más de 9 millones de dólares en subvenciones Community Possible a más de 400 organizaciones sin fines de lucro centradas en crear entornos de vivienda estables. Las subvenciones apoyan a las organizaciones que trabajan para proporcionar oportunidades para que las personas trabajen, vivan y se diviertan. Entre los beneficiarios notables se encuentran Humility Homes & Services, Inc. (HHSI) en Davenport, Iowa, que mantiene más de 130 unidades de vivienda en alquiler y ofrece servicios de reubicación rápida, y The Housing Fund (THF) en Nashville, Tennessee, que ofrece capital y préstamos para apoyar a las comunidades de bajos ingresos.
Las subvenciones son parte de una iniciativa más grande, con la U.S. Bank Foundation proporcionando más de 47 millones de dólares en subvenciones totales en 2024, incluyendo aportes a través del programa Community Possible y el Fondo de Oportunidades de la U.S. Bank Foundation. La fundación se centra en cerrar las brechas entre las personas y las posibilidades en las áreas de trabajo, hogar y recreación.
U.S. Bank는 400개 이상의 비영리 단체에 900만 달러 이상의 Community Possible 보조금을 배포하여 안정적인 주거 환경을 만드는 데 집중하고 있습니다. 이 보조금은 사람들이 일하고, 살고, 놀 수 있는 기회를 제공하기 위해 노력하는 단체를 지원합니다. 주요 수혜자에는 Humility Homes & Services, Inc. (HHSI)가 있으며, 이는 아이오와주 다벤포트에 위치해 130개 이상의 임대 주택을 운영하고 빠른 재주택 서비스를 제공하고 있습니다. 또 The Housing Fund (THF)는 테네시주 내슈빌에 위치하여 저소득 커뮤니티를 지원하기 위해 자금과 대출을 제공합니다.
이 보조금은 더 큰 사업의 일환으로, U.S. Bank Foundation은 2024년에 총 4,700만 달러 이상의 보조금을 제공할 예정이며, 여기에는 Community Possible 프로그램과 U.S. Bank Foundation 기회 기금을 통한 기부도 포함됩니다. 이 재단은 직장, 주거 및 여가 분야에서 사람들과 가능성 간의 격차를 해소하는 데 집중하고 있습니다.
U.S. Bank a distribué plus de 9 millions de dollars en subventions Community Possible à plus de 400 organisations à but non lucratif axées sur la création d'environnements de logement stables. Les subventions soutiennent des organisations qui travaillent à offrir des opportunités aux gens de travailler, vivre et se divertir. Parmi les bénéficiaires notables, on trouve Humility Homes & Services, Inc. (HHSI) à Davenport, Iowa, qui gère plus de 130 unités de logement locatif et fournit des services de réinstallation rapide, et The Housing Fund (THF) à Nashville, Tennessee, qui propose des capitaux et des prêts pour soutenir les communautés à faible revenu.
Les subventions font partie d'une initiative plus large, avec la U.S. Bank Foundation fournissant plus de 47 millions de dollars en subventions totales en 2024, y compris les dons par le biais du programme Community Possible et du Fonds d'opportunités de la U.S. Bank Foundation. La fondation se concentre sur la réduction des écarts entre les personnes et les possibilités dans les domaines du travail, du logement et des loisirs.
U.S. Bank hat über 9 Millionen Dollar in Community Possible-Zuschüssen an über 400 Non-Profit-Organisationen verteilt, die sich auf die Schaffung stabiler Wohnverhältnisse konzentrieren. Die Zuschüsse unterstützen Organisationen, die daran arbeiten, Menschen Möglichkeiten zum Arbeiten, Leben und Spielen zu bieten. Zu den bemerkenswerten Begünstigten gehören Humility Homes & Services, Inc. (HHSI) in Davenport, Iowa, die über 130 Mietwohnungen verwaltet und schnelle Wiederunterbringungsdienste anbietet, sowie The Housing Fund (THF) in Nashville, Tennessee, das Kapital und Darlehen zur Unterstützung einkommensschwacher Gemeinschaften anbietet.
Die Zuschüsse sind Teil einer größeren Initiative, bei der die U.S. Bank Foundation 2024 insgesamt über 47 Millionen Dollar an Zuschüssen bereitstellt, einschließlich Spenden durch das Community Possible-Programm und den U.S. Bank Foundation Opportunity Fund. Die Stiftung konzentriert sich darauf, die Lücken zwischen Menschen und Möglichkeiten in den Bereichen Arbeit, Wohnen und Freizeit zu schließen.
- Distributed $9 million in Community Possible grants to 400+ nonprofits
- Total foundation grants exceeded $47 million in 2024
- None.
Grant recipients include nonprofits that offer access to safe, affordable housing and homebuyer education
NORTHAMPTON, MA / ACCESSWIRE / January 6, 2025 / U.S. Bank
U.S. Bank employees Rebecca Stichter (left) and Nicci Balzer volunteer at Humility Homes & Services, Inc., which supports people experiencing housing insecurity in the greater Quad Cities area.
Originally published on U.S. Bank company blog
A safe, affordable home helps children, families and communities thrive. That's why the U.S. Bank Community Possible program supports nonprofit organizations focused on creating stable, healthy home environments as part of its unified giving and employee engagement platform.
The U.S. Bank Foundation recently distributed more than
In Davenport, Iowa, U.S. Bank Business Card Consultant Kelly McCarthy lends her expertise to Humility Homes & Services, Inc. (HHSI) as a board member, first serving on the finance committee before moving to the capital campaign committee. The organization works with people in the Quad Cities area experiencing housing insecurity, with programs that help individuals and families with rapid rehousing, eviction prevention and access to affordable rental housing.
"It was eye-opening for me to learn about what Humility Homes & Services, Inc. does and the people it supports. I felt impelled and connected to its mission," said McCarthy, who also joins local U.S. Bank employees to volunteer at the organization's Corner Closet Donation Center, which provides clothing and household items to HHSI program participants.
HHSI also maintains more than 130 rental housing units for its clients, which include seniors, veterans and people with disabilities. A Community Possible grant helps the organization perform home energy audits and maintain repairs and upkeep to its properties, including installing ramps for tenants who use wheelchairs.
One tenant recently expressed his appreciation, noting "Since I have been in my chair for the last three months, I am mainly confined to the house. Without help getting off the porch, it is very difficult for me to do anything. With getting this ramp, it gives me freedom to do for myself. It's like giving me my life back."
"The impact U.S. Bank and the U.S. Bank Foundation have had on those who live in our affordable housing units isn't defined just by the financial support received but rather is defined by the feelings tenants have knowing they have a safe, well-cared-for place to call home," HHSI President and CEO Ashley Velez said. "Humility Homes & Services, Inc. cannot create a sense of community, safety and home for those who live in our units without the support of our community and business partners. We are also honored to have Kelly be a part of our board of directors and appreciate her vision and leadership."
The Housing Fund (THF) in Nashville, Tennessee, also focuses on increasing access to affordable housing. As a community development financial institution (CDFI), THF provides capital, loans and tailored services to support low- to moderate-income communities.
"The Housing Fund aligns closely with the programs we champion, emphasizing economic development, wealth-building, and the provision of safe, affordable housing," said Jeff Mills, U.S. Bank community affairs manager and a member of THF's advisory board.
Nashville's rapid population growth, rising property values and increasing taxes have made it more challenging for families with limited incomes to remain in their homes. THF addresses these challenges by offering funding for home rehabilitation projects that enhance health and safety, energy efficiency and accessibility.
In addition to financial assistance, homeowners participate in sessions on financial and estate planning so they can protect their estates for long-term stability and wealth creation. With support from a Community Possible grant, THF helps clients manage legal costs for essential activities such as creating wills or trusts, purchasing life insurance and building emergency funds.
"Our mission is to ensure that everyone, regardless of income, has the opportunity to live in a safe, sustainable, and affordable home. By pairing financial assistance with estate and financial planning resources, we're helping homeowners protect their legacy and contribute to the strength of our neighborhoods," said Marshall Crawford, president and CEO of THF.
The U.S. Bank Foundation provided more than
U.S. Bank Foundation is a tax-exempt private foundation described in section 501(c)(3) of the Internal Revenue Code. The Foundation is funded primarily through contributions from U.S. Bank National Association and its affiliates and subsidiaries. The Foundation's mission is to close the gaps between people and possibility in the areas of work, home, and play.
The Opportunity Fund represents a financial commitment of the U.S. Bank Foundation; it is not a traditional equity fund, nor does it represent a form of ownership.
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