Venice, Florida – June 28, 2022 — Family Promise of South Sarasota County (FPSSC) today announced it received a very charitable $25,000 grant from Charities Aid Foundation America as recommended by Truist Financial Corporation for the Pathways Home Program.
According to Jennifer Fagenbaum, Executive Director of Family Promise of South Sarasota County, “Truist’s ongoing support of Family Promise of South Sarasota County’s mission to provide housing support to children and their families is very appreciated. As rental costs continue to increase, and the amount of affordable housing continues to decrease, more families are financially burdened. Family Promise of South Sarasota County’s Pathway Homes Program is just one of many ways we can continue to support local families on their road to financial stability and self-sufficiency.”
Truist’s grant funds will be used toward the purchase of Parkside Cottages so that FPSSC can build capacity and welcome client families into safe, affordable homes. During the 1-2 years that a family is in the Pathways Home program, they will receive ongoing comprehensive case management services (which will include financial and life skills education) that ensure that the family is able to remove the barrier(s) that prevented it from otherwise obtaining a rental agreement and affording current market rates. While client families are safely housed, they will have the capacity to do the work needed to acquire a lease and afford market rental rates or to purchase a home. FPSSC thoroughly assesses client families’ 2-generational needs and provides appropriate wraparound support services specific to each family member’s needs. The agency recognizes that this approach is crucial to permanent housing success and financial stability. Such support services may include, but are not limited to, access to food, healthcare, jobs, counseling, and education (including financial literacy education). The extent of service needed to achieve permanent housing and financial self-sufficiency varies from family to family, dependent upon each family’s individual needs, and inclusive of expansive 2-generational services.
About South Sarasota Family Promise
Family Promise is a national non-profit agency with 202 local affiliates in 42 states. Our local affiliate, Family Promise of South Sarasota County, a 501(c)(3) non-profit, seeks to help families with minor children who are in temporary need of housing. We provide shelter, meals, basic needs (clothing, toiletries, and personal items), case management, referrals, and resources to families in transition. Our mission is to provide housing support to children and their families in South Sarasota County and it is our vision to provide comprehensive services to ensure children and their families achieve lasting self-sufficiency.
Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Formed by the historic merger of equals of BB&T and SunTrust, Truist has leading market share in many high-growth markets in the country. The company offers a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending; and wealth management. Headquartered in Charlotte, North Carolina, Truist is a top 10 U.S. commercial bank with total assets of $541 billion as of December 31, 2021. Truist Bank, Member FDIC. Learn more at Truist.com.