Home / Industry / Government & Politics / PathStone, NeighborWorks selected for grants totaling near $1M

PathStone, NeighborWorks selected for grants totaling near $1M

Two local nonprofits will receive nearly $1 million in federal funding for affordable housing initiatives across the Greater Rochester Region.

PathStone Corp. will receive a grant in the amount of $587,500, while NeighborWorks Rochester will receive $376,000.

PathStone is a nonprofit community development and human service organization that has provided services to low-income families and economically depressed communities throughout the region for nearly 50 years. NeighborWorks America is a public nonprofit organization that for nearly 40 years has supported local solutions to community development and affordable housing in urban, suburban and rural communities in all 50 states by way of financial and grant support, training, technical assistance, organizational assessments, technology tools and other services.

“When families have access to affordable and safe housing, they can use more of their hard-earned paychecks to afford things like groceries, medicine and school supplies, improving their quality of life while benefiting our local and national economy,” said Rep. Louise Slaughter, D-Perinton, in a statement. “Investments in organizations like PathStone and NeighborWorks help break the cycle of poverty and economic inequality that too often limits families across our country and Monroe County.”

The grants will support efforts to develop and preserve affordable housing, revitalize and sustain neighborhoods and create jobs in New York, Slaughter said. She also noted that President Trump has proposed cutting the Department of Housing and Urban Development by $6 billion, including the elimination of the NeighborWorks America program, which funded the local grants.

Follow Velvet Spicer on Twitter: @Velvet_Spicer

(c) 2017 Rochester Business Journal. To obtain permission to reprint this article, call 585-363-7269 or email madams@bridgetowermedia.com.

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