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Reinvestment Partners has filed plans and a rezoning request with the city to turn the historic Harriet Tubman YWCA into 14 affordable housing units for low-income residents in the city. The Durham-based group paid $304,500 for the vacant property last September.
On June 1, Reinvestment Partners will begin offering free assistance to low-income residents to file the forms necessary to receive their stimulus checks.
Hunger is an urgent threat in North Carolina, even in the best of times. Before the pandemic struck, one in five children in North Carolina lived in families considered “food insecure.” The COVID-19 pandemic has already increased North Carolina’s share of food-insecure families, and the worst may be yet to come.
For decades now, we have partnered with Reinvestment Partners in their mission to address the problems of poverty and social injustice by means of food, housing, community development, health and financial services.
One of the challenges of working to achieve affordable housing for communities comes from strict policies and loan barriers. Reinvestment Partners knew that if they could get banks to lend money to underserved communities, to remove redlining and remove fair lending barriers, the result would lead to fairer and more prosperous communities.
Reinvestment Partners' Produce Prescription Program (RPRx) partners with three health partners across two counties in North Carolina.
Angella Coleman with Reinvestment Partners received the A. Robert Kucab Professional of the Year Award for dedicating 26 years to improving the financial security of North Carolinians.
“Long-term disinvestment and social ills, they feed on each other,” Skillern says. “We are trying to revive and restore that missing link.”
"A repeated theme is that this bank encompasses a big part of rural America," said Skillern. "BB&T has the greatest number of bank branches in rural North Carolina, so they made a commitment not to close any branches in rural areas — which is huge given the national trend."