Foundation for Delaware County Announces New Chester City Supportive Housing Initiative
The Foundation for Delaware County announces that Bryn Mawr Trust recently made a $10,000 contribution to a housing project that will help low-income vulnerable women, children and families in need of affordable housing in the city of Chester.
The project will be carried out by the Foundation and is a partnership between the Foundation for Delaware County and the Chester Housing Authority.
Bryn Mawr Trust (BMT) was the first investor to contribute to this new initiative. Four additional companies have committed funds for the project and will receive tax credits under this Special Program Priorities (SPP) project.
The project was approved in November 2019 for funding by the PA Department of Economic Development (DCED) under the Neighborhood Assistance Tax Credit Program. ‘
Under the project, program participants in the Foundation’s Healthy Start and Nurse-Family Partnership programs will receive assistance and support to allow them to access affordable housing units provided by Chester Housing Authority.
The Foundation for Delaware County is a public charity founded in 2016. It is the largest philanthropy serving the county. The foundation focuses on encouraging philanthropy, convening across sectors to address difficult community issues, and makes grants to strengthen Delaware County’s nonprofit community. The foundation made nearly $1.5 million in grants to improve the health and quality of life for the diverse residents in this thriving county.
Click here to learn more and follow them on Facebook, Instagram and Twitter at @DelcoFdn.
Bryn Mawr Bank Corporation, including its principal subsidiary, The Bryn Mawr Trust Company (BMT), was founded in 1889 and is headquartered in Bryn Mawr.
Bryn Mawr Trust is a locally managed, premier financial services company providing retail and commercial banking; trust administration and wealth management; and insurance and risk management solutions.
Click here to learn more.
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