Regions Bank Helps Further the Initiatives of Greater Greenville Housing and Revitalization Association
Greater Greenville Housing and Revitalization Association (GGHRA) has been awarded a
$10,000 community grant by Regions Bank. Funds from this award will help advance the mission of GGHRA which revolves around developing, redeveloping, and sustaining affordable housing options for low-income families throughout the region, as well as promoting the redevelopment of Greenville’s Central Business District.
The relationship between GGHRA and Regions started in 1998 when the two entities teamed up to develop GGRHA’s first affordable housing complex, Broadway Villas. Since then, Regions and GGHRA have united on other various projects which have positively impacted the standard of living for so many residents of the Mississippi Delta. One of the most notable endeavors was the development of The Reserves at Gray Park, an award-winning eco-friendly affordable housing development centrally located in Greenville, Mississippi. This townhouse style development was completed in 2018 through a combination of funding sources, including construction and permanent financing which was provided by Regions Bank.
Daniel Boggs, CEO of GGHRA, expressed his sincere appreciation for the long-time relationship between the two entities. “The mission of Greater Greenville couldn’t be fulfilled without strong community partners like Regions Bank. It takes all of us, doing our part, to make this world a better place. We understand that Regions Bank has supported numerous initiatives throughout their service area in the Southeast Region, but we are truly humbled that they have decided to deepen their relationship with Greater Greenville through this grant. We look forward to developing many more great projects with them”.
Regions Bank Greenville Market Executive, Walt Stephens, echoes Boggs’s sentiments, “Our mission at Regions is to 'make life better' for our entire community. We strive to do this through creating shared value between ourselves and the communities we serve. Our focus on inclusive growth guides our community outreach priorities and allows us to focus on measurable change. Having access to safe and affordable housing is the cornerstone of the American dream. Regions is thrilled to be able to work with the Greater Greenville Housing and Revitalization Association to help families achieve their personal and financial goals, while also enabling the GGHRA to continue to invest in our community.”
Looking to the future, GGHRA seeks to continue improving the Greenville and Washington County areas through its programs and services. The organization recently interviewed architectural firms for their next endeavor, the Madison-Thomas Project. The goal of this development is to renovate two dilapidated downtown buildings into a mixed-use space which will provide safe, decent and affordable housing options to area residents, and move-in ready office or retail storefronts for small businesses. Boggs says “we are excited about opportunities this next project will bring to the downtown area, as it is being developed only a few hundred feet from the new federal courthouse.”