SkyLimit Marketing
NEWS RELEASE January 31, 2022(7) Inspired by the generosity of an elite group of
trailblazing donors, enough money was raised to convince the Federal Home Loan Bank
of Pittsburgh (FHLB) to provide Community Homes of Lebanon County with a
$750,00 grant toward the construction of phase I of the Canal Affordable
Housing development in North Lebanon township. The grant makes it possible for
Community Home of Lebanon County to proceed with construction of the first
eight units of the twenty-three-unit development.
In a thank you letter to individual donors, Charlie Rush, CEO, said “In my mind and heart, you will always have a special place, because you literally placed your faith in helping Community Homes build a better community within the greater community of Lebanon County, Pennsylvania.”
Fundraising Chair Troy A. Peters, President and CEO, JBT, adds, “Helping these deserving people achieve safe affordable housing is a cause I believe in. I am humbled to be in a position where my efforts can make a difference in their lives.”
“This achievement does not mean we should rest on our laurels,” says Community Homes Board Chair Glenn Wenger, “We face the challenges of two more phases to raise an additional $ 1,750,000 to assure that construction of all twenty-three units is completed in the next two years. We are optimistic that the generous spirit of our Lebanon County supporters will continue to shine through.”
Description from Federal Home Loan Bank.
“The Affordable Housing Program (AHP) provides grants and subsidized loans for the acquisition, construction or rehabilitation of affordable housing for households with incomes at or below80 percent of the area median income. Housing developers’ partner with FHL Bank Pittsburgh members to apply for AHP funding, which is offered through one competitive funding round each year. Grants are awarded to the highest scoring projects, up to $750,000 and $150,000 in AHP subsidy per unit, until the round funds are exhausted.”
Community Homes notes that they are one of thirty-five
recipients out of 124 applications submitted. (28%). Jonestown Bank & Trust
Co. played a significant role in the success of this application approval.
For more information about Community Homes of Lebanon
County, visit wwww.communityhomespa.org or call 717-273-3333.
Community Homes Capital Campaign Legal Disclosure
Community Homs of Lebanon County, Inc. is a not-for-profit corporation and is exempt from federal income tax under section 501©(3) of the Internal Revenue Code. A copy of the official registration and financial information of Community Homes of Lebanon County, Inc. may be obtained from the Pennsylvania Bureau of Charities, by calling toll-free within Pennsylvania, 1-800-732-0999. Registration does not imply endorsement.
PHOTOS (2) – The Community Homes Canal Street Affordable Housing project fundraising committee gets ready for Phases two and three.
=
(photo) Community Homes Canal Street
Fundraising Committee (Troy Peters, Glenn Wenger, Charlie Rush gets ready for
Phases two and three. Not pictured, Co-chair David Warner,
=
(photo) (left to right) Troy Peters, Glenn
Wenger, Charlie Rush meeting; Glenn Wenger (with plot plan); Charlie Rush, Troy
Peters (with architect rendering)
