Vantage West Empowers Local Communities with $150,000 Grant
Vantage West Partners with FHLBank San Francisco to Award Grants
In an impactful collaboration, Vantage West Credit Union and the Federal Home Loan Bank of San Francisco have come together to award $150,000 in AHEAD Program grants. These grants are dedicated to supporting three vital nonprofit organizations: Groundswell Capital, Pascua Yaqui Development Corporation, and Sahuarita Food Bank, each aiming to drive economic growth, enhance workforce development, and create opportunities within underserved communities in Southern Arizona.
Commitment to Community Impact
Vantage West Credit Union has consistently demonstrated its commitment to making a meaningful difference in the communities it serves. Jon Bruflat, VP of Community Impact at Vantage West, emphasizes the value of these grants. "Vantage West is committed to making a lasting impact in the communities we serve, and these AHEAD Program grants are a powerful way to drive meaningful change," he stated. The goal is to create vibrant, equitable, and resilient communities where everyone can thrive.
Overview of the Grant Recipients
Through a rigorous selection process, Groundswell Capital, Pascua Yaqui Development Corporation, and Sahuarita Food Bank have been chosen to receive these impactful grants.
Groundswell Capital
Groundswell Capital is set to utilize the grant for its Juntos program, which focuses on providing aspiring contractors in Arizona with job training and access to zero-percent interest microloans. This initiative aims to eliminate barriers for those entering skilled trades, ensuring they receive exemplary training and education. AHEAD funds will support the organization's resources, empowering the next generation of contractors with essential tools and support to succeed.
Pascua Yaqui Development Corporation
Pascua Yaqui Development Corporation (PYDC) will use the grant to enhance its Career Pivot Center through the New Pascua Project Facilities. This endeavor focuses on establishing essential utility infrastructure at a job training site, providing a professional and welcoming environment for trainees. The efforts supported by AHEAD grants will help in the development of a fully equipped training site, key to fostering long-term workforce readiness for the Pascua Yaqui community.
Sahuarita Food Bank
Sahuarita Food Bank’s Project VERDE will also benefit from the grant. This initiative aims to innovate in food production through a large-scale hydroponic system. The project seeks to demonstrate affordable food growing methods, generate jobs, and provide surplus food for lower-income community members. AHEAD funding will assist in constructing this container farm and supporting the necessary staffing.
Addressing Local Economic Needs
As the competition for grants intensifies, Vantage West values the successes achieved through these partnerships. Bruflat adds, "Successive wins since 2019 demonstrate the strength of our collaborations and our commitment to regional development." AHEAD grants empower members like Vantage West to foster local economic advancements that address specific needs in lower-to-moderate-income communities.
Eric Cicourel, Community Investment Officer at FHLBank San Francisco, noted the significance of these grants, stating, "We received 400 AHEAD grant proposals, underscoring the widespread need for support to drive local economic vitality across our district." The ongoing partnership between Vantage West and FHLBank aligns with their mission to serve communities with reliable financial support and bolster housing and economic development initiatives.
How to Apply for AHEAD Grants
For organizations interested in applying for the AHEAD Program in the upcoming year, it’s encouraged to reach out to Vantage West Credit Union or explore the Federal Home Loan Bank of San Francisco's community programs page for more insights on eligibility and application procedures.
About Vantage West Credit Union
Vantage West is among the largest credit unions in Arizona, founded in 1955, initially serving the personnel of Davis-Monthan Air Force Base. Over the years, it has expanded its services to members in various counties including Pima, Pinal, Maricopa, and Cochise. The credit union focuses on consumer and business banking, ensuring that its members have the support they need in their financial journeys.
About Groundswell Capital
Groundswell Capital, as Arizona's first green bank, champions a future focused on resilience and equity. The organization aims to provide affordable funding to those underserved, thereby promoting economic justice and climate resilience.
About Pascua Yaqui Development Corporation
Founded by the Pascua Yaqui Tribe, the Pascua Yaqui Development Corporation (PYDC) works to create sustainable economic growth for the community, supporting self-sufficiency through strategic business ventures.
About Sahuarita Food Bank
The Sahuarita Food Bank is dedicated to combating hunger through various community programs, aiming to provide assistance while addressing the root causes of food insecurity.
Frequently Asked Questions
What is the AHEAD Program?
The AHEAD Program provides grants to organizations aimed at fostering economic development in underserved communities.
Who were the grant recipients in this partnership?
The recipients are Groundswell Capital, Pascua Yaqui Development Corporation, and Sahuarita Food Bank.
What will the grants be used for?
The grants will support job training, infrastructure development, and innovative food production initiatives.
How can organizations apply for AHEAD grants?
Organizations can apply by contacting Vantage West Credit Union or visiting the FHLBank San Francisco website for more details.
What is Vantage West's mission?
Vantage West aims to make a significant impact in the communities it serves by providing financial services and support initiatives that promote equity and resilience.
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