Submitted by KeyBank
PLYMOUTH MEETING, Pa., October 18, 2022 /CSRwire/ – KeyBank announces two recent charitable grants to organizations serving low-income individuals and families in the Bucks County community.
Habitat for Humanity Bucks County has received a $20,000 grant from KeyBank Foundation to support its Homeownership Program and its efforts to build three new affordable homes for qualified first-time homeowners. The funds will also help provide members of its Almost Home program with free, first-time homebuyer education. Habitat for Humanity assists individuals or families living or working in Bucks County with incomes under 80% of the Area Median Income to achieve homeownership.
“We’re grateful for KeyBank’s partnership, which will help provide opportunities for safe, decent, affordable homeownership in Bucks County,” said Habitat for Humanity Executive Director Florence Kawoczka. “Building strong communities takes this kind of commitment and caring about our neighbors.”
In addition, KeyBank Foundation has given $15,000 to Bucks County Opportunity Council Economic Self-Sufficiency program to help provide one-on -one coaching and resources to help low-income individual and families achieve economic stability. The program takes an individualized approach to helping at-risk residents find a pathway out of poverty through personalized educational and employment plans, coupled with coaching and support programs to help them be successful.
“We are grateful for Key Bank’s continued partnership in our work,” Joe Cuozzo, Director of Development stated.“ This grant provides BCOC with additional resources for our clients as they work towards economic self-sufficiency.”
Leaders from KeyBank’s Eastern PA & Southern NJ market recently met with both organizations to present KeyBank Foundation checks.
“KeyBank is committed to partnering with community organizations whose mission it is to improve the lives of disadvantaged populations in our neighborhoods through education, workforce development, and community investment,” said KeyBank Market President Jamie Tranfalia. “We are proud to support Habitat for Humanity and the Bucks County Opportunity Council with the good work they do.”
KeyBank Foundation grants are made under Key’s National Community Benefits Plan established in 2017, which has already delivered more than $18 billion in lending and investments across Key’s national footprint supporting affordable housing and community development projects, home, and small business lending in low- and-moderate income communities, and philanthropic efforts targeted toward education, workforce development, and safe, vital neighborhoods.
About Habitat for Humanity of Bucks County:
Founded in 1990, Habitat for Humanity of Bucks County’s mission is Building Communities, Empowering Families. Since then, it has built or fully renovated 124 homes that are affordable in Bucks County through its Homeownership Program, which provides an opportunity for low-income families to build strength, stability, and self-reliance by partnering with Habitat. Its low-cost Home Repair program makes interior and exterior repairs, including critical repairs, to help individuals improve accessibility and safety in their own homes. Revenue from Habitat Bucks ReStores provides a source of sustainable funding for the construction and repair of homes. Habitat brings diverse groups of people together to make attainable housing and better communities a reality for everyone. For more information, call 215.822.2812 or visit habitatbucks.org.
About Bucks County Opportunity Council:
“As the lead anti-poverty, 501(c)(3) non-profit agency in Bucks County, the mission of BCOC is to reduce poverty, and partner with our community to promote economic self-sufficiency. For over 55 years, the Opportunity Council has served low-income families in Bucks County by helping them to stabilize when in crisis, garner resources to achieve a livable wage, gain additional education and training, and work towards economic self-sufficiency.”
About KeyBank Foundation:
KeyBank Foundation serves to fulfill KeyBank’s purpose to help clients and communities thrive, and its mission is to support organizations and programs that prepare people for thriving futures. The Foundation’s mission is advanced through three funding priorities – neighbors, education, and workforce – and through community service. To provide meaningful philanthropy that transforms lives, KeyBank Foundation listens carefully to understand the unique characteristics and needs of its communities and then backs solutions with targeted philanthropic investments. KeyBank Foundation is a nonprofit charitable foundation, funded by KeyCorp.
KeyCorp's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $187.0 billion on June 30, 2022. 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 1,300 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 Member FDIC.
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $176.2 billion at March 31, 2021. 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 1,100 branches and more than 1,400 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 Member FDIC.
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