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SEPTEMBER 19, 2017
ROSE MAYES
FAIR HOUSING COUNCIL OF RIVERSIDE COUNTY RECEIVES BANK OF AMERICA GRANT
Fair Housing Council of Riverside County, Inc. was honored to receive a grant from the Bank of America Charitable Foundation on August 29. Fair Housing Council of Riverside County was awarded $17,500. Al Arguello, Bank of America Inland Empire Market President, made the presentation to Executive Director Rose Mayes and the Fair Housing staff.
Over 41 million U.S. households spend more than 30 percent of their income on housing. In addition, 43 percent of households in Riverside County earn less than $50,000 annually. Financial education is key to increasing home ownership.
“Our partnership with Bank of America helps address a pervasive challenge in community – lack of decent affordable housing.” Ms. Mayes said. “The grant we have received will help us fund a comprehensive financial literacy program that will teach homeowners and renters how to maximize the value of their income and spending.”
“Bank of America’s investment will help us reach more individuals and families and help them regain and maintain financial stability through access to knowledge and resources, ultimately making financial lives better in Riverside County.”
“Providing people with a safe, affordable place to live is the first step in creating a pathway to financial independence. Bank of America is proud to support Fair Housing Council in revitalizing the Riverside County community through housing and financial education,” said Al Arguello, Inland Empire Market President for Bank of America.
Access to affordable, stable housing is foundational to a family’s financial well-being. Connecting individuals and families to the resources they need to be successful homeowners is essential to the health, educational and economic advancement and overall financial stability for families in Riverside County
Caption for attached photo: Al Arguello, Inland Empire Market President for Bank of America and Paul Donofrio, Bank of America CFO present a $17,500 grant to Fair Housing Council of Riverside County Executive Director Rose Mayes. Also present from Fair Housing were Selvio Martinez, Marlan McClanahan and Richard Lemire
Richard Lemire
Program Administrator
FAIR HOUSING COUNCIL OF RIVERSIDE COUNTY
(951) 682-6581