News & Events

NHS Accepts Grant From JPMorgan Chase

01/17/13 at 08:33 AM by Lesley Krone

On January 4, 2013, Stan Frazier, Idaho District Manager of JPMorgan Chase, presented NHS with a grant for the Acquisition-Rehabilitation of Single Family Homes program. The $20,000 grant will support the operation of the program, which exists to provide affordable and sustainable homes for low and moderate income families.

The Acquisition-Rehab program purchases foreclosed homes and fully rehabilitates them to be sustainable for at least 10 years.  Because the homes are sold at prices lower than current market rates, low and moderate income families can obtain homeownership.  Since the program began in 2012, one home has been sold, and three others are in progress. For more information about the program, visit www.nhsid.org/ what-we-do/acq-rehab.

NHS is thankful for the support and partnership with JPMorgan Chase, whose employee involvement and contributions have spanned many years.  This grant will play a crucial role in the growth of this important community service.

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