Bank of America and United Way Partner to Combat Homelessness Massachusetts

NEC members Bank of America and United Way of Massachusetts Bay and Merrimack Valley have announced a partnership with Combined Jewish Philanthropies (CJP) and Homestart that will not only work to prevent homelessness in Massachusetts, but will also improve educational and financial opportunities for children and families at risk.

Bank of America, United Way, and CJP will support Homestart in its expansion of The Renew Collaborative program in Greater Boston, which promises to reduce eviction rates for non-payment of rent. Under the Renew Collaborative model, short-term case management will be offered to low-income families who are on the brink of homelessness due to non-payment eviction. Furthermore, families will have access to landlord negotiation, small rental assistance grants, and post-crisis stabilization supports.

Michael K. Durkin, President and Chief Executive Officer at United Way of Massachusetts Bay and Merrimack Valley, said, “Given Greater Boston’s expensive housing market and low supply of affordable housing, recovering from an eviction is extremely challenging and disruptive. Often already struggling families face a precipitating economic event – a layoff or medical bill that resulted in eviction and ultimately homelessness. United Way is proud to partner with Bank of America and CJP to prevent more evictions, scale what’s working and help more people in need.”

The NEC congratulates Bank of America and United Way on this new venture and commends them on their sustained commitment to alleviating homelessness in Massachusetts.

Learn more from United Way.

img_side
mask_sidebar
Recently from the Blog

Mercury Systems Receives $6.7M Order for Naval Electronic Warfare Application

12/13/2018 | Read Post

Optum Bank Uses Artificial Intelligence and Advanced Analytics to Increase Health Savings

12/13/2018 | Read Post

In the News

NEC Elects Five Respected Business Leaders to Board of Directors

10/4/2018 | Read Press Release

NEC to Honor Gen. Joseph F. Dunford Jr., Vertex CEO Dr. Jeffrey Leiden, Veterans’ Advocate Travis Mills, Rep. Niki Tsongas

10/2/2018 | Read Press Release