Bank of America announced $120,000 in grants to be distributed to eight nonprofits working to increase access to affordable housing and support neighborhood revitalization in the Las Vegas community.
Securing stable housing continues to be a challenge in Clark County, with a homeless population exceeding 30,000 and a poverty rate of 15.6 percent.
Funding will help low and moderate income people who are struggling due to a lack of affordable housing and broader needs related to community revitalization and enable them to access the resources they need to lay a foundation for a stable financial life, and in turn, drive growth in the Las Vegas community.
All organizations receiving grants are:
- Consumer Credit Counseling Service of Southern Nevada, to support first-time homebuyer counseling among other resources to stimulate personal financial health and growth
- Habitat For Humanity Las Vegas to support its ‘This is Our Neighborhood’ revitalization program
- Las Vegas Natural History Museum to support its ‘Open Door- Explore!’ initiative, offering funding for low-income students in Clark County to attend educational field trips
- Nevada HAND to support its resident services initiatives to ensure families and seniors are healthy, successful, and financially stable
- Rebuilding Together Southern Nevada to support critical home repairs for those in need
- Safe Nest to support the installation of new children’s playground equipment at its Downtown Las Vegas shelter location
- United States Veterans Initiative to support a much-needed kitchen remodel at its veteran residential facility
- Women’s Development Center Inc. to support its Men In Transition (MIT) program
Bank of America’s support of community revitalization extends through their line of business efforts.
Year-to-date in Las Vegas, more than $3.3 million in new markets tax credits have been allocated in the community.