The People’s United CommunityFoundation, the philanthropic arm of People’s United Bank, announced today that it has awarded $15,000 to CSH. The grant will help CSH in their efforts to strengthen Connecticut’s supportive housing industry.
“The funding from People’s United Community Foundation will help us build the capacity of Connecticut organizations to develop and operate high-quality supportive housing programs,” said Sarah Gallagher, Director of Connecticut Program for CSH. “Supportive housing projects require lengthy planning, community support and access to public funding from a patchwork of sources. For developers new to this process, these steps can be difficult to navigate and pose significant obstacles. Funding from People’s United Community Foundation will allow CSH to provide support to help developers to successfully navigate this process.”
“CSH is helping to address the root causes of long-term homelessness,” said Michael Casparino, Officer of People’s United CommunityFoundationand Northern Connecticut Division President for People’s United Bank. “Supportive Housing has proven to help people with persistent barriers to housing stability and CSH is ensuring the development of successful supportive housing services and operations throughout Connecticut.”
Established in 2007, People’s United Community Foundation was formed to help support programs and activities that enhance the quality of life for citizens in the communities that People’s United Bank serves. People’s United Bank, founded in 1842 and serving customers from New YorktoMainethrough a network of 361 branches, is the largest independent bank headquartered in New England. The Foundation places special emphasis on programs designed to promote economic self-sufficiency, education and improved conditions for low-income families and neighborhoods. The funding priorities of the Foundation include: community development, youth development, and affordable housing.