SYRACUSE, N.Y. — KeyBank Foundation has awarded a $200,000 philanthropic grant to Syracuse–based Home HeadQuarters, Inc.
The funding is meant to “celebrate 200 years of KeyBank’s service to communities across the nation,” per the bank’s announcement. The KeyBank Foundation is donating $200,000 to community-development efforts in each of KeyBank’s 27 markets.
The money is part of Key’s special bicentennial grant program designed to strengthen Community Development Financial Institutions (CDFIs) and foundations that play a “critical role” in advancing affordable housing and small-business development.
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KeyBank awarded the grant during the bank’s bicentennial celebration in Syracuse on Tuesday, July 29. Chris Gorman, chairman and CEO of Cleveland, Ohio–based KeyCorp, and KeyBank colleagues attended the event.
“Supporting organizations like Home HeadQuarters is a big part of KeyBank’s purpose of helping the communities we serve thrive,” Stephen Fournier, Central New York market president at KeyBank, said. “We are here not only to serve our clients, but to invest in neighborhoods where we live and work – providing opportunities and making a difference in people’s lives. As we celebrate our bicentennial, we’re proud to partner with Home HeadQuarters and support their work to empower individuals with the tools and support they need to build bright futures.”
Home HeadQuarters is a nonprofit housing and community-development organization and certified CDFI. Its mission is to create housing and related opportunities and services in Central and Upstate New York that “improve the lives of underserved people and revitalize the communities in which they live,” per the KeyBank announcement.
The grant funding from the KeyBank Foundation will support Home HeadQuarters’ Affordable Capital Capacity Building project.
“Home HeadQuarters is deeply honored to be named as the Syracuse awardee of KeyBank Foundation’s bicentennial celebration investment in Community Development Financial Institutions,” Kerry Quaglia, founder and CEO of Home HeadQuarters, said. “KeyBank’s recognition of the important role that CDFIs like Home HeadQuarters play in our community, especially for homeowners, is not only important and meaningful, but also vital to our efforts to advance and strengthen affordable housing in Central New York.”
