UMPQUA BANK CHARITABLE FOUNDATION AWARDS COMMUNITY GRANTS TO 120 NONPROFITS
June 28, 2021
Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ) announced the Umpqua Bank Charitable Foundation awarded 120 community grants to local nonprofits across its five-state footprint totaling $423.5K. The grants represent the first of three funding cycles in 2021.
Nonprofits were selected from hundreds of applicants who demonstrated a strong commitment to serving their communities, particularly those focused on reaching low-to-moderate income or under-resourced populations in one of the following eight categories: family engagement and resiliency; financial competency; housing stability and home ownership; college, career or technical readiness; entrepreneurship and business expansion; vibrant and equitable neighborhoods; technical and digital connectivity; and small business support and financial guidance.
The Wheelhouse, a co-working space and business centre in the Waterloo Village neighbourhood in uptown Saint John will soon become affordable housing .
Former Catholic school in Saint John could be turned into 30 affordable housing units
Develop Saint John and an affordable housing organization have new plans for the beleaguered St. Vincent s School in Saint John.
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Wayne Long is the Liberal Member of Parliament for Saint John-Rothesay. (Staff photo)
The MP for Saint John-Rothesay says he’s excited about an application for federal funding that would see the former St. Vincent’s School building turned into affordable housing units.
Wayne Long has been meeting with local groups in efforts to find projects that suit the requirements for the Canada Mortgage and Housing Corporation’s Rapid Housing Initiative.
$1 billion in funding has been made available for affordable housing projects that can be built within the next year.
Long says the St. Vincent’s School project checks all the boxes.
Saint John, NB, Canada / Country 94
Dec 14, 2020 11:09 PM
Saint John will sponsor an application that would see the former St. Vincent’s High School on Cliff Street converted into a 60-unit residence.
Housing Alternatives Inc. is applying for federal funding through the Canada Mortgage and Housing Corporation’s (CMHC) Rapid Housing Initiative.
The CMHC has offered $1 billion for affordable housing projects across the country that can be built within one year.1
The Waterloo Village-area building is owned by the Catholic Diocese of Saint John. The renovations would lead to at least 30 affordable units, according to a plan presented to council on Monday evening.