Program Provides $200,000 in Flexible Funding to Each Organization and Leadership Development Training to Advance Economic Mobility in Delaware
Wilmington, DE – Programs and services addressing Delaware workforce development and economic mobility are helping more people chart a path toward economic opportunity with the help from a multi-year grant from Bank of America. Habitat for Humanity of New Castle County (HFHNCC) and TeenSHARP have been named as the 2022 Bank of America Neighborhood Builders® awardees for their work in the Delaware community removing economic barriers and advancing economic opportunity.
Each organization receives a $200,000 grant over two years, comprehensive leadership training for the executive director, and an emerging leader on topics ranging from increasing financial sustainability, human capital management, and strategic storytelling. Awardees also join a network of peer organizations across the U.S. and get the opportunity to access capital to expand their impact. The program continues to be the nation’s largest investment in nonprofit leadership development.
Habitat for Humanity of New Castle County is committed to changing lives and landscapes by revitalizing neighborhoods and empowering the families they serve. The organization, best known for providing zero percent interest mortgages for hard-working low-income, first-time homebuyers, empowers New Castle County residents to improve their communities, creates affordable and sustainable homeownership, and reduces the cost of homes. They will use the grant funding to support programs that address the critical need for affordable housing in New Castle County and support their overall day-to-day operations.
[read the full Bank of America press release]