January 21, 2022
DOVER, Del., – Delaware State Housing Authority (DSHA) and Federal Home Loan Bank of Pittsburgh (FHLBank Pittsburgh) recently announced $1.075 million in Home4Good funding for programs across the state aimed at reducing homelessness. .
The funding will be used to address three key areas: homelessness diversion, rapid rehousing and innovation. Grants were awarded to 13 programs from 10 Delaware organizations, including Brandywine Counseling and Community Services; Catholic Charities, Inc.; Northern NCC Family Promise; Ministry of Caring, Inc.; People’s Square II; Salvation Army; The way back; West End Neighborhood House, Inc.; and YWCA Delaware, Inc.
Home4Good grants are supported by the following FHLBank member financial institutions: Arch Reinsurance Company; Craftsmen’s Bank; Community Bank of Delaware; County Bank; Federal Credit Union Del-One; Federal Credit Union of Dover; First Citizens Community Bank; Fulton Bank, North America; Genworth Life Insurance Company; North American Life Insurance Company; Meridian Bank; Millers Capital Insurance Company; NORCAL Mutual Insurance; New York Life Insurance and Annuity Company; QBE Insurance Company; Santander Bank, America; Federal Stepping Stones Community Credit Union; Technology Insurance Company, Inc.; Tuscarora Wayne Insurance Company; Wesco Insurance Company; and Wilmington Savings Fund Society, FSB.
“I applaud the many partners who are helping our neighbors find shelter,” said Senator Tom Carper, “and thank FHLBank Pittsburgh, the Delaware State Housing Authority, and their members and housing partners for coming together to helping families across our great state receive funding and housing services.
“Every Delawarean should have a place to call home, and this funding is one of the most crucial ways to ensure we make that happen,” said Sen. Chris Coons. “Home4Good strengthens our existing resources and infrastructure by supporting organizations that are already doing great work helping people in our state experiencing homelessness.”
“We know that far too many Delawares are homeless in our state,” said Rep. Lisa Blunt Rochester. “This Home4Good funding will be instrumental in helping Delaware organizations continue to provide support and resources to individuals and families experiencing homelessness across the state. I am grateful to the Delaware State Housing Authority and the Federal Home Loan Bank of Pittsburgh for recognizing the need for additional funding for these organizations to reduce homelessness in our state and help Delawares get back on their feet. foot.
Home4Good was created by FHLBank Pittsburgh and was combined with DSHA funds to fight homelessness with the support of
member financial institutions. Funding is distributed in the form of grants to organizations that help people maintain or find housing, provide support services or meet other unmet needs within the existing network of support providers. homeless. Home4Good is one of the many ways FHLBank partners with its members to provide needed financing and support communities.
“We are honored to be part of this initiative and proud to support organizations that address homelessness through a multitude of different approaches,” said DSHA Director Eugene R. Young, Jr. Quick to innovate, each program plays a valuable role in ensuring Delawares have access to housing opportunities and support services.
About FHLBank Pittsburgh
FHLBank Pittsburgh provides reliable funding and liquidity to its member financial institutions, which include commercial and thrift banks, community development financial institutions, credit unions, and insurance companies in Delaware, Pennsylvania, and Virginia. -Western. FHLBank products and resources help support community lending, housing, and economic development. As one of 11 federal home loan banks created by Congress, FHLBank has been an integral and trusted part of the financial system since 1932. To learn more, visit www.fhlb-pgh.com.
About the Delaware State Housing Authority
The Delaware State Housing Authority (DSHA), established in 1968, is dedicated to providing affordable, quality housing opportunities and appropriate support services to low- and moderate-income Delawareans. In addition to its role as the state housing finance agency, DSHA is unique in that it also serves as the state housing authority and acts as a community development and planning agency. As the public housing authority, DSHA receives funding from HUD to build, own, and operate public housing in Kent and Sussex counties, two of Delaware’s three counties. For more information about DSHA, please call (302) 739-4263 or visit destatehousing.com.