OLD SAYBROOK, CT— The Liberty Bank Foundation has awarded a $5,000 grant to HOPE Partnership, Inc. to support their affordable housing Education and Advocacy Project.
“Affordable housing is in critical need in southern Middlesex County area, and HOPE is a big advocate for changing that.” said Chandler Howard, President and CEO of Liberty Bank.
Lauren Ashe, Executive Director of HOPE Partnership added, ”HOPE is committed to serving our community and improving housing options for all our residents. The support we receive from the Liberty Bank Foundation is vital in our efforts to provide quality, safe and affordable housing in Southern Middlesex County and the surrounding towns. We are fortunate and grateful to have the support and partnership of Liberty Bank Foundation as we strive to reach our goals.”
Since its inception in 1997, the Liberty Bank Foundation has awarded over $8.7 million in grants to nonprofit organizations within Liberty Bank’s market area. The foundation seeks to improve the quality of life for people of low or moderate income by investing in three areas: education to promote economic success for children and families; affordable housing; and nonprofit capacity building. Along with its grantmaking, the foundation strives to foster the convening and collaboration of nonprofits, funders, business, and government to address community issues.
HOPE Partnership was founded in April 2004 as a nonprofit developer of affordable housing in southern Middlesex County. HOPE’s purpose is to advocate for and create high-quality rental housing targeted to people earning between 50% and 80% of the local median income. Once the housing is built and occupied, HOPE will provide services to tenants to help them manage their finances and work toward homeownership.
Established in 1825, Liberty Bank is Connecticut’s oldest mutual bank, with more than $3.9 billion in assets and 48 banking offices throughout the central, eastern, and shoreline areas of the state. As a full-service financial institution, Liberty offers consumer and commercial banking, home mortgages, insurance, and investment services. Named as a “Top Workplace” by the Hartford Courant for four consecutive years, Liberty maintains a longstanding commitment to superior personal service and unparalleled community involvement.