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Quarterly Grant Review - Summer 2022

Rachel Gardner • May 31, 2022

Summer 2022 - Quarterly Grant Review

Interfaith Housing Alliance (IHA) is proud to announce three funding awards received this past quarter from community partners. 



In February 2022, IHA was awarded a $25,000 grant by the Kahlert Foundation.  This grant supports the rehabilitation of IHA’s Weinberg House.  This 23-unit affordable rental community in Frederick, MD was originally built in 1994 and houses senior members of our community ages 62 and older with low to moderate income.  The rehabilitation project will include upgrades to heating, appliances, plumbing, drywall, flooring, lighting, cabinets, and countertops. 

 

In April 2022, IHA was awarded a $25,000 Community Partnership Grant from Frederick County Government.  This grant supports IHA’s four Financial Dignity and Empowerment Workshops:  Credit Café; Your Prescription for Financial Health; Ready, Set, Go… Home!; and Homebuyer’s Club.  In Credit Café, participants work specifically on improving their credit.  Your Prescription for Financial Health helps participants learn about budgeting, saving, asset-building, and healthy spending.  Ready, Set, Go… Home! helps participants understand the homebuying process from start to finish.  Homebuyer’s Club provides new homeowners with ongoing education on foreclosure prevention, as well as home and loan maintenance. 

 

In May 2022, IHA was awarded a $25,000 allocation of State tax credits through the Community Investment Tax Credit (CITC) Program of Maryland’s Department of Housing and Community Development (DHCD).  Donors who make contributions of $500 or more to IHA in support of our mission will be eligible to earn tax credits equal to 50% of the value of the money, goods, or real property contribution.  These tax credits are in addition to the deductions on both Federal and State taxes as a result of the charitable contribution. 


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