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.
Donor Name: Hampton Roads Community Foundation
State: Virginia
Counties: Accomack County (VA), Northampton County (VA), Isle of Wight County (VA)
Cities: Chesapeake, Franklin, Portsmouth, Norfolk, Virginia Beach, Suffolk
Type of Grant: Grant
Deadline (mm/dd/yyyy): 07/01/2022
Details:
Economic Stability Community Grantsfocus 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 to programs that offer support 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.
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 including 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
For more information, visit Economic Stability Community Grants.