DOVER, Del.: The Delaware State Housing Authority (DSHA) and the Federal Home Loan Bank of Pittsburgh (FHLBank) are excited to announce a combined total of $1.075 million has been awarded to selected nonprofit organizations to support initiatives in Delaware that lead to stable housing for individuals and families who are homeless or determined to be at-risk of homelessness.

Home4Good grants are supported by the following FHLBank member financial institutions: Artisans’ Bank; Asian Bank; Community Bank of Delaware; Community First Fund; Community Powered Federal Credit Union; County Bank; Del-One Federal Credit Union; Dover Federal Credit Union; Ephrata National Bank; Erie Family Life Insurance Company; Erie Insurance Company; Erie Insurance Exchange; First Citizens Community Bank; Fulton Bank; Life Insurance Company of North America; LINKBANK; Meridian Bank; Millers Capital Insurance Company; New York Life Insurance & Annuity Company; Pioneer Appalachia Federal Credit Union; QBE Insurance Corporation; Santander Bank, N.A.; Stepping Stones Community Federal Credit Union; TD Bank, NA; Tidemark Federal Credit Union; and Wilmington Savings Fund Society, FSB.

Home4Good was established by FHLBank and has been combined with DSHA funds to combat homelessness with the support of FHLBank member financial institutions. The funding is distributed as grants to organizations that help individuals retain or find housing, provide supportive services, or address other unmet needs within the existing homeless provider network. Home4Good is one of several ways that FHLBank partners with its members to provide needed funding and support communities.

The funding will be used to address four key areas: homelessness prevention, homelessness diversion, rapid re-housing, and innovation. 14 programs from 10 organizations in the state will receive funding. These organizations include Brandywine Counseling and Community Services; Catholic Charities, Inc.; Family Promise of Northern NCC; Lutheran Community Services, Inc.; Ministry of Caring, Inc.; People’s Place II; Salvation Army; The Way Home; West End Neighborhood House, Inc.; and YWCA Delaware, Inc.

“We’re honored to be a part of this initiative and proud to support the organizations working to address homelessness through a multitude of different approaches,” said DSHA Director Eugene R. Young, Jr. “From rapid re-housing to innovation, each program plays a valuable role in ensuring Delawareans have access to housing opportunities and support services.”

“Through partnership with DSHA, FHLBank members provided $500,000 this year to 14 Delaware programs/projects,” said FHLBank President and Chief Executive Officer, Winthrop Watson. “These combined funds are directed toward local service organizations helping those experiencing homelessness.”

“BCCS is committed to the street outreach work conducted through the Home4Good award. If nothing else, our Home4Good award has put a spotlight on how needed street outreach work is particularly in Kent and Sussex Counties. We are eager to continue serving this most vulnerable population.” Monica Alvarez, Director of Business Development of Brandywine Counseling & Community Services, Inc.

About FHLBank Pittsburgh

FHLBank Pittsburgh (FHLBank) provides reliable funding and liquidity to its member financial institutions, which include commercial and savings banks, community development financial institutions, credit unions and insurance companies in Delaware, Pennsylvania and West Virginia. FHLBank products and resources help support community lending, housing and economic development. As one of 11 Federal Home Loan Banks established by Congress, FHLBank has been an integral and reliable part of the financial system since 1932. Learn more by visiting www.fhlb-pgh.com.

About Delaware State Housing Authority

The Delaware State Housing Authority (DSHA), formed in 1968, is dedicated to providing quality, affordable housing opportunities and appropriate supportive services to low- and moderate-income Delawareans. In addition to its role as the State’s Housing Finance Agency, DSHA is unique in that it also serves as a Public Housing Authority and acts as a Community Development and Planning Agency. As a 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.

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