Economic Stability Grant Program

The Hampton Roads Community Foundation is seeking applications for its Economic Stability Community Grants focusing on providing opportunities for people with barriers to success to become stable, self-sufficient, and prosperous. Donor Name: Hampton Roads Community Foundation State: Virginia County: Accomack County (VA), Franklin County (VA), Isle of Wight County (VA), Northampton County (VA) Type of Grant: Grant Deadline: 07/01/2024 Size of the Grant: Not Available Grant Duration: Grant Duration Not Mentioned Details: HECF believes their region will thrive when its residents who experience barriers to success have the opportunities and support they need to lead self-determined lives. Economic stability helps to create the conditions for children to learn and grow, strengthens an individual’s resolve to pursue hopes and dreams, and reduces the anxiety and stressors that accompany economic insecurity. Programs that they support address: Ending homelessness in their region with a preference for programs that provide safe and affordable housing for individuals and/or families and provide supportive services to ensure housing stability Workforce readiness training/certification acquisition and connection of low income individuals to employment. Preference is given for programs that offer supports to help the individual remain employed for at least one year Development of sound financial education and savings programs to help low income individuals build financial assets for long-term economic well-being Desired Outcomes Grant proposals should address one or more of the following outcomes: Individuals and families who are homeless are permanently located in safe/affordable housing and remain in housing for at least one year Adults who are economically disadvantaged develop skills for jobs available in Hampton Roads and are employed for at least one year Individuals who are underemployed obtain a higher-wage position post-training and remain employed for at least one year Individuals who are economically disadvantaged improve their knowledge of financial literacy and participate in banking services to include increasing funds in a savings account. Proposals for program funding must be able to articulate: Program’s fit with their stated priorities Program’s desired outcomes Organization’s plan for measuring program effectiveness in reaching outcomes Eligibility Criteria  The Hampton Roads Community Foundation welcomes grant applications from 501(c)(3) nonprofit public charity organizations serving residents of South Hampton Roads, including those in: Chesapeake Eastern Shore of Virginia (Accomack and Northampton counties) Franklin Isle of Wight County Norfolk Portsmouth Suffolk Virginia Beach For more information, visit HRCF.