Charlotte-Mecklenburg Housing Partnership, Inc. Receives $125,000 Grant from Bank of America

Grant is a much-needed boost for The Housing Partnership’s efforts

Charlotte, NC — The Housing Partnership, a non-profit housing development corporation, is excited to announce receipt of a grant from the Bank of America Charitable Foundation for $125,000 to support its ongoing programming and sponsoring its 25th anniversary celebration. The Housing Partnership’s affordable housing and community development activities are receiving this boost at a time when communities need investment and a range of housing options affordable for all incomes.

“We are incredibly grateful for Bank of America’s continued financial support for The Housing Partnership. They have been a strong partner of our organization since our inception and this investment will allow us to continue to grow and accelerate our mission,” said Julie Porter, President of The Housing Partnership.

The grants will be used to revitalize and strengthen communities by providing counseling for homeowners on the brink of foreclosure; increasing the number of certified foreclosure and homeownership counselors through training; stabilizing fragile neighborhoods by addressing dilapidated structures and putting vacant properties back into productive use; empowering consumers through financial and homeownership education and counseling; creating homeownership opportunities for low- and moderate-income families; and producing and managing affordable, high-quality rental properties.

“The economy has improved, but affordable housing is still hard to find, particularly for low- and moderate-income families,” said Charles Bowman, North Carolina and Charlotte market president, Bank of America. “We’re proud to partner with The Housing Partnership as they’re addressing Charlotte’s housing needs by helping individuals and families regain and maintain financial stability through access to affordable housing.”

The need for The Housing Partnership has never been greater. “As Charlotte has grown, so has the need to provide high quality, affordable housing for seniors and a lower wage workforce. Also, educating families on buying a home, saving for the future and cutting down on debt creates communities of wealth and families who are fully able to contribute to Charlotte’s economic base,” said Porter.

In Charlotte, The Housing Partnership has built, owns and manages five senior rental communities and twenty workforce family rental communities. A total of 19,679 families have also benefitted from homeownership advising and educational services since the organization began providing these programs in 1993. The organization has assisted more than 2,500 families of modest means to achieve their dream of homeownership.

 

The Housing Partnership is also well known nationally for its commitment to green and healthy building techniques throughout its Brightwalk at Historic Double Oaks development. “Bank of America understands our commitment to Charlotte’s future. They make our work possible. A donation of this size makes a huge difference. No one organization or sector can resolve community development challenges alone,” continued Porter.

 

For more information about The Housing Partnership, please contact David Howard, 704.342.0033 or dhoward@cmhp.org.

# # #