For Second Year, Funding is Available to Address Homelessness in Delaware

$1.2 million available from FHLBank Pittsburgh and DSHA

PITTSBURGH–(BUSINESS WIRE)–FHLBank Pittsburgh and the Delaware State Housing Authority (DSHA) are
partnering for a second year to fund programs across the state that work
to address homelessness. FHLBank Pittsburgh is providing $700,000 toward
the effort, which is called Home4Good, and DSHA is providing $500,000,
for a total contribution of $1.2 million in 2019.

“FHLBank is pleased to again partner with DSHA on this important
community program,” said John Bendel, FHLBank’s Senior Director of
Community Investment. “Home4Good’s flexibility and focus on innovative
initiatives continue to help Delaware organizations assist individuals
who are homeless or at risk of homelessness.”

As in 2018, funding will be distributed as grants to organizations with
programs that help people retain or find housing, as well as those that
provide supportive services. Interested groups are advised to submit
proposals for Home4Good funding directly to DSHA. All applicants team
with FHLBank member financial institutions to further develop
relationships that can help meet the service provider’s future funding
needs, which is a long-term benefit of Home4Good. Submitted proposals
will be considered for funding by FHLBank Pittsburgh and DSHA.

“The organizations who were awarded Home4Good funding in the first round
are making a difference in the lives of so many Delawareans, and we are
thrilled to be able to provide another year of support for the program
thanks to our partnership with FHLBank Pittsburgh,” said DSHA Director
Anas Ben Addi. “I encourage organizations throughout our state to submit
proposals for this next round of funding so we can continue our efforts
to help individuals and families facing homelessness find permanent
housing.”

Many organizations qualify to apply for funding, including local
governments, nonprofits, housing authorities and others. Successful
Home4Good applicants will offer programs that prevent or reduce
homelessness, collaborate with others to address established housing
goals and have a track record of success. The deadline for service
providers to apply for 2019 funding is Aug. 22.

Interested organizations can participate in an informational
stakeholders meeting on Monday, June 10, at 1 p.m. at Delaware Technical
Community College’s Terry Campus in Dover, Delaware. Organizations
interested in participating in the meeting can contact Angie Lord at angie@destatehousing.com.

Additional information about Home4Good is available at www.fhlb-pgh.com
and at destatehousing.com.
Interested organizations can also contact Kate Swanson at kate.swanson@fhlb-pgh.com
or Jessica Eisenbrey at jessica@destatehousing.com
for details.

About FHLBank Pittsburgh

As an intermediary between global capital markets and local lenders,
FHLBank Pittsburgh provides readily available liquidity, as well as
affordable housing and community development opportunities, to member
financial institutions of all sizes in Delaware, Pennsylvania and West
Virginia. The Bank is part of the Federal Home Loan Bank System, which
was established by Congress in 1932 and serves as a reliable source of
funds for housing, jobs and growth in all economic cycles. To learn
more, visit www.fhlb-pgh.com.

About the Delaware State Housing Authority

The Delaware State Housing Authority (DSHA), formed in 1968, is
dedicated to providing quality, affordable housing opportunities and
appropriate supportive services to low- and moderate-income Delawareans.
In addition to its role as the State’s Housing Finance Agency, DSHA is
unique in that it also serves as a Public Housing Authority and acts as
a Community Development and Planning Agency. As a Public Housing
Authority, DSHA receives funding from HUD to build, own and operate
public housing in Kent and Sussex counties, two of Delaware’s three
counties. For more information about the Delaware State Housing
Authority, please call (888) 363-8808 or visit our website at www.destatehousing.com.

Contacts

Rich Stimel, FHLBank Pittsburgh
412-288-7351
rich.stimel@fhlb-pgh.com

Jessica Eisenbrey, DSHA
302-739-0271
jessica@destatehousing.com