Deadline: 1-Jul-21
The Hampton Roads Community Foundation is pleased to announce applications for Economic Stability Grant Program.
Economic Stability Community Grants focus on providing opportunities for people with barriers to success to become stable, self-sufficient, and prosperous. Programs that they support address:
- Ending homelessness in their region with a preference for programs that provide safe and affordable housing for individuals and/or families and provide supportive services to ensure housing stability.
- Workforce readiness training/certification acquisition and connection of low income individuals to employment. Preference is given for programs that offer supports to help the individual remain employed for at least one year.
- Development of sound financial education and savings programs to help low income individuals build financial assets for long-term economic well-being.
Why it matters: They believe their region will thrive when its residents who experience barriers to success have the opportunities and supports they need to lead self-determined lives. Economic stability helps to create the conditions for children to learn and grow, strengthens an individual’s resolve to pursue hopes and dreams, and reduces the anxiety and stressors that accompany economic insecurity.
Desired Outcomes
Grant proposals should address one or more of the following outcomes:
- Individuals and families who are homeless are permanently located in safe/affordable housing and remain in housing for at least one year.
- Adults who are economically disadvantaged develop skills for jobs available in Hampton Roads and are employed for at least one year.
- Individuals who are underemployed obtain a higher-wage position post-training and remain employed for at least one year.
- Individuals who are economically disadvantaged improve their knowledge of financial literacy and participate in banking services to include increasing funds in a savings account.
Eligibility Criteria
- The Hampton Roads Community Foundation welcomes grant applications from 501(c)(3) nonprofit public charity organizations serving residents of South Hampton Roads, including those in:
- Chesapeake
- Eastern Shore of Virginia (Accomack and Northampton counties)
- Franklin
- Isle of Wight County
- Norfolk
- Portsmouth
- Suffolk
- Virginia Beach
- Note: Grants to Eastern Shore nonprofits are awarded in partnership with their affiliated Eastern Shore of Virginia Community Foundation.
For more information, visit https://hamptonroadscf.org/nonprofits/apply-for-a-grant/community-grants