NAACP and Experian Pilot Program Helps 21 Homeowners at Risk of Losing Homes
21 Dezember 2020 - 3:00PM
Business Wire
The Home Preservation Grant provides
mortgage-relief to recipients facing COVID-19-related hardship
Facing the risk of losing their homes due to COVID-19-related
hardship, 21 Atlanta-area families will now be able to spend the
holidays in their homes thanks to a pilot program by the NAACP
Empowerment Programs and Experian. The Home Preservation Grant is
providing mortgage relief up to $10,000 per recipient.
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the full release here:
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The grant is the result of Experian’s partnership with NAACP,
and is part of Experian’s United for Financial Health initiative,
which aims to empower and protect vulnerable consumers to improve
their financial health through education and action.
"Homeownership is one of the most important ways Black families
achieve economic stability and wealth. This opportunity allowed us
to help several families by providing some financial relief to
those unable to maintain their monthly mortgage payments due to
COVID-19. While we recognize the financial need is great for so
many families struggling during this unprecedented pandemic, we are
grateful to provide this assistance. The NAACP remains committed to
lifting up those in need and building bridges to economic
stability," said Dawn Chase, NAACP senior program manager of
Inclusive Economy.
“Buying a home is one of life’s milestones. Knowing the pandemic
has created so much instability in many different aspects of our
lives, we are proud Experian can provide tools and resources
through initiatives like the Home Preservation Grant to bring about
peace of mind. It is an honor to partner with the NAACP on this
pilot program,” said Experian North America CEO Craig Boundy.
Grant recipients represent a cross-section of the Atlanta area,
including Christopher Heard, who serves in the Army National Guard
Reserve and works in the airline industry. After Heard’s employer
cut his hours, he found it difficult to meet his mortgage payments
on time.
“We basically lost about 25-30% of our salaries across the
board. COVID-19 was an unexpected curveball for everyone. This
grant helps put me back on track, so I am grateful. I’d like to
send a sincere thank you to the NAACP and Experian for their help,”
Heard said.
Heard joins another recipient of The Home Preservation Grant,
and community activist, Grammy Award-winning artist and native
Atlantan Lecrae in sharing the impact the grants will have on their
lives and communities in this video.
Investing in communities is a key pillar of Experian North
America’s Corporate Responsibility program. Initiatives like United
for Financial Health are one example of how the company is
committed to investing time, resources and partnerships to create a
better tomorrow by helping millions gain access to essential
everyday services, facilitating inclusion and diversity, and
managing Experian North America’s environmental footprint
responsibly.
About NAACP
Founded in 1909 in response to the ongoing violence against
Black people around the country, the NAACP is the largest and most
pre-eminent civil rights organization in the nation. We have over
2,200 units and branches across the nation, along with well over 2M
activists. Our mission is to secure the political, educational,
social, and economic equality of rights in order to eliminate
race-based discrimination and ensure the health and well-being of
all persons.
The NAACP is a c4 organization (contributions are not
tax-deductible), our partner c3 organization is known as NAACP
Empowerment Programs (contributions are fully tax-deductible as
allowed by the IRS).
In media attributions, please refer to us as the NAACP.
NOTE: The Legal Defense Fund – also referred to as the NAACP-LDF
– was founded in 1940 as a part of the NAACP, but separated in 1957
to become a completely separate entity. It is recognized as the
nation’s first civil and human rights law organization, and shares
our commitment to equal rights.
About Experian
Experian is the world’s leading global information services
company. During life’s big moments – from buying a home or a car,
to sending a child to college, to growing a business by connecting
with new customers – we empower consumers and our clients to manage
their data with confidence. We help individuals to take financial
control and access financial services, businesses to make smarter
decisions and thrive, lenders to lend more responsibly, and
organizations to prevent identity fraud and crime.
We have 17,800 people operating across 45 countries and every
day we’re investing in new technologies, talented people and
innovation to help all our clients maximize every opportunity. We
are listed on the London Stock Exchange (EXPN) and are a
constituent of the FTSE 100 Index.
Learn more at www.experianplc.com or visit our global content
hub at our global news blog for the latest news and insights from
the Group.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201221005170/en/
Victoria Lim, Experian North
America, Victoria.Lim@experian.com Marc Banks, NAACP,
dbanks@naacpnet.org
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