Meridian Bank Joins Foundation for Delaware County in Chester Housing Initiative

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Image via the Chester Housing Authority.

The Foundation for Delaware County announces that Meridian Bank recently made a $5,000 contribution to the supportive housing project that will benefit low-income, vulnerable women, children and families in need of affordable housing in the City of Chester in Delaware County.

The project is a partnership between The Foundation for Delaware County and the Chester Housing Authority.

Meridian is one of five investors to contribute to this new initiative and will receive tax credits under the Special Program Priorities (SPP) project.

The project was approved in November 2019 for funding by the PA Department of Economic Development (DCED) as part of 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.

“My children and I would not have a place to call home without this program at The Foundation for Delaware County. I am truly blessed to have been part of Healthy Start and I am so grateful for all they have given me,” shared one client who recently moved into a new home. “After experiencing homelessness, the look on my children’s faces when we walked in the door and they realized that this was our home brought me to tears. I could not be more thankful to the foundation team.”

About The Foundation for Delaware County

A public charity founded in 2016, The Foundation for Delaware County is the largest philanthropy serving Delaware County.

One of 780 community foundations across the U.S., the foundation focuses on encouraging philanthropy, convening across sectors to address difficult community issues, and makes grants to strengthen Delaware County’s nonprofit community.

Learn more here.

 

 

 

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