Second Round of Homeowner Rehab Projects Completed by GGHRA in Partnership with Planters Bank and FHB of Dallas
GREENVILLE, Miss. – November 16, 2020 – Greater Greenville Housing and Revitalization Association, Inc. (GGHRA), in partnership with Planters Bank, has been awarded additional grant monies to repair or rehabilitate homes owned by elderly and/or disabled individuals in Washington county. The grant is part of a $2.50 million program provided through the Special Needs Assistance Program (SNAP), a product of the Federal Home Loan Bank’s Affordable Housing Program (AHP). Since the AHP's inception in 1990, FHLB has awarded more than $300 million in AHP funds to assist more than 53,500 households.
Earlier in the year, GGHRA was awarded funding to substantially rehabilitate seven low-income, elderly and/or disabled households within Washington County. Typically, funds are only awarded once a year. However, after the release of initial funds, Federal Home Loan Bank offered an opportunity for additional grants. GGHRA in partnership with Planters Bank accepted three in the late summer months. “The partnership that we have developed and maintained with Planters Bank has helped us assist numerous Washington County residents, especially the elderly and disabled, with their housing renovation needs. The repairs we make through our Homeowner Rehabilitation Program provides an opportunity for these specific families and/or individuals to continue living independently in their own homes. Through the Special Needs Assistance Program (SNAP) and the support of our partner bank (Planters Bank), Greater Greenville has been able to have a tremendous impact on increasing the standard of living for so many people within our region,” said Daniel Boggs, CEO of GGHRA, of the partnership.
CRA officer Christopher Lewis says, “Planters Bank enjoys the partnership with Greater Greenville Housing & Development Association and the Federal Home Loan Bank so that we can provide grants to worthy recipients within our county. The SNAP grants allow repairs to be made so that residents are able to stay in their homes, and we are proud to provide this service to our community.”
In addition to improving the living conditions of Washington County residents, GGHRA also understands the importance of impacting the local economy through grant programs. As was the case in each of GGHRA’s Homeowner Rehab Program’s projects, the organization utilized solely local vendors and contractors to assist in the latest three rehabs.
Per the Department of Housing and Urban Development (HUD), the greater Greenville community maintains one of the highest concentrations of substandard housing for the state of Mississippi. Homeowner rehabilitation is one of the more popular programs that GGHRA offers to the greater Greenville community, as exemplified through the substantial waiting list GGHRA maintains for this program. The purpose of the program is to mitigate structural issues associated with the housing unit, alleviate physical decline, and to address health, safety, and wellness issues due to disrepair.
For more information regarding this program please visit www.gghra.com or contact them at 662-378-3121.