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Funds Raised at the 2013 Triangle Golf Challenge Help Individuals and Community
The Banks Foundation is now accepting grant applications for 2013-2014.
By: The Banks Foundation
“Many of the students served by CIS are the first in their family to graduate from high school. CIS’s programs connect students to resources and support systems to ensure they graduate and have a pathway to success after graduation,”
The Banks Foundation is now putting the funds to work, accepting grant applications for the 2013-2014 grant cycle to provide down payment assistance to families who have qualified to purchase their first home. The Foundation provides downpayment assistance to families who have received public housing or Section 8 assistance in the past, have entered into and completed a Family Self-Sufficiency (FSS) contract or similar agreement, have income that is less than 80% of the area median income, and have qualified for a home loan. Grants average around $2000.
“The Banks Foundation has been a blessing to my family in a time of need,” said Ms. Tanesha Summers, a recent recipient of the Banks Foundation’s down payment assistance program who closed on her new home in November, 2013. “I am so thankful to The Banks Foundation for helping enable me to purchase a new home.”
If you or someone you know has demonstrated their desire and ability to move up and out, application information and grant guidelines are available on the Community Foundation’s website at www.thebanksfoundation.org.
About The Banks Foundation: The Banks Foundation is a tax-exempt organization that assists families who are moving from welfare to work and from public housing to private homeownership. Over the years, the Foundation has provided down payment assistance to families who have qualified to purchase their first home. For more information, visit www.thebanksfoundation.org or call 919-474-9137.