“This new program will not only help many American families receive the support they need to stay in their homes and grow their generational wealth during these turbulent times, but also it shows the good work that can be done when banks are willing to enter into dialogue,” said Jesse Van Tol, NCRC President and CEO. “We worked hard with KeyBank to identify an effective path forward. These grants and the direct services they will fund are the first harvest from that hard work. We persisted and now we are seeing the benefits of this persistence.”
Since its inception in 2021, FEF has delivered more than $6.7 million in grants to 66 NCRC member organizations serving low- and moderate-income (LMI) communities.
“Addressing wealth disparities through diverse avenues of change is key to realizing a just economy at the local level. We are excited to add a new round of FEF that specifically bolsters our members’ capacity to provide much-needed support for first-time homebuyers in their communities,” NCRC Director of Grant Administration Laura Bentley said.
All applications are to be submitted online no later than 5 pm ET on March 14, 2025.
To see if your agency is in an eligible geography or for additional information, visit: www.ncrc.org/fef
Questions regarding this opportunity should be emailed to [email protected], with the subject line “FEF-HCS.”
We hope to receive your application!
Team NCRC
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