First National Bank Awards $340,000 In Community Development Grants

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First National Bank has awarded a total of $340,000 in community development grants to 10 organizations in the Omaha metro area to support programs in two categories: Affordable Housing/Neighborhood Revitalization and Economic Development/Small Business Development, announced Alec Gorynski, senior director, Community Development and Corporate Social Responsibility.

Grants for Affordable Housing/Neighborhood Revitalization are expected to increase access to safe, quality and affordable housing while stimulating revitalization of blighted, underserved and distressed neighborhoods. These included:
• $40,000 – Gesu Housing: Construct and sell five affordable single-family homes to low-to-moderate income families in the Clifton Hills Neighborhood in north Omaha;
• $40,000 – Holy Name Housing: Construct 30 single family homes in Prospect Hill neighborhood in northeast Omaha by 2016;
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FNB Community Development Grants

• $20,000 – Rebuilding Together: Increase the capacity of the organization to serve low-income families with children in South Omaha.
• $20,000 – Habitat for Humanity: Support for neighborhood revitalization and housing development activities in Deer Park neighborhood in south Omaha.
• $40,000 – Family Housing Advisory Services: Establish a part-time, bi-lingual HUD-certified housing counselor for the South Omaha market.

Grants supporting Economic and Small Business Development:

• $40,000 – Nebraska Business Development Center: Support business growth accelerator program for small businesses in North Omaha open less than 3 years.
• $40,000 – Iowa Small Business Development Center: Increase capacity of the center to serve 20 percent more clients in 2015.
• $40,000 – Nebraska Enterprise Fund: Grow and sustain small businesses through the provision of loans to 45 companies, resulting in the creation or sustainment of 120 jobs.
• $40,000 – Catholic Charities: Support delivery of small business training and micro loans to low-income individuals in South Omaha, resulting in 70 jobs created or sustained.
• $40,000 – Grameen America: Develop and provide micro loans to small businesses as a means for low-income women to exit poverty.