KeyBank Invests $300K in Columbus Urban League's Housing Accelerator Program
KeyBank and the KeyBank Foundation have announced a $300,000 investment in the Columbus Urban League (CUL) to enhance its innovative Housing Accelerator Program (HAP).
The HAP aims to provide comprehensive case management services to assist vulnerable residents of Columbus in accessing or maintaining affordable housing, fostering generational wealth, and accessing career services to promote financial independence.
Lara DeLeone, KeyBank’s Central Ohio Market President, expressed enthusiasm for supporting CUL and the Housing Accelerator Program, emphasizing their role in promoting safe, quality, and affordable housing. She highlighted the importance of the wrap-around services offered by CUL in helping individuals build a stable financial future.
Jeaneen Hooks, Vice President of Programming at CUL, described the HAP as a crucial response to the ongoing recovery from the pandemic's impact. She emphasized the exacerbated affordable housing issues and disparities worsened by COVID-19, underscoring the importance of ensuring economic recovery benefits everyone. Hooks expressed gratitude for KeyBank's transformative investment, enabling the program to have a significant impact on financial independence and self-sufficiency in the long term.
The HAP is designed to assist individuals who are homeless or at risk of homelessness, unemployed or underemployed, fleeing domestic violence, justice-involved for non-violent crimes, with previous eviction filings, or with credit scores of 620 or lower. The program will pair clients with a Housing Counselor, Wealth Navigator, and Job Coach to provide support in completing the housing education program, which covers topics such as analyzing credit reports, improving credit scores, debt management, adhering to budgets, understanding credit scoring, and savings, among others.
The HAP aims to provide comprehensive case management services to assist vulnerable residents of Columbus in accessing or maintaining affordable housing, fostering generational wealth, and accessing career services to promote financial independence.
Lara DeLeone, KeyBank’s Central Ohio Market President, expressed enthusiasm for supporting CUL and the Housing Accelerator Program, emphasizing their role in promoting safe, quality, and affordable housing. She highlighted the importance of the wrap-around services offered by CUL in helping individuals build a stable financial future.
Jeaneen Hooks, Vice President of Programming at CUL, described the HAP as a crucial response to the ongoing recovery from the pandemic's impact. She emphasized the exacerbated affordable housing issues and disparities worsened by COVID-19, underscoring the importance of ensuring economic recovery benefits everyone. Hooks expressed gratitude for KeyBank's transformative investment, enabling the program to have a significant impact on financial independence and self-sufficiency in the long term.
The HAP is designed to assist individuals who are homeless or at risk of homelessness, unemployed or underemployed, fleeing domestic violence, justice-involved for non-violent crimes, with previous eviction filings, or with credit scores of 620 or lower. The program will pair clients with a Housing Counselor, Wealth Navigator, and Job Coach to provide support in completing the housing education program, which covers topics such as analyzing credit reports, improving credit scores, debt management, adhering to budgets, understanding credit scoring, and savings, among others.
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