On April 7, 2016, the Liberty Bank Foundation awarded a $3,000 grant to the Housing Development Fund to support HDF’s First Time Homebuyer Program.

The program helps hardworking families and individuals purchase their first home through personalized, one-on-one counseling and homebuyer education. These services are provided free of charge thanks to generous supporters like Liberty Bank.

“HDF has a successful track record of providing training and counseling that enables low/moderate-income families to become homeowners, and here at Liberty Bank, we want to help provide members of our communities with that opportunity.” said Chandler Howard, President and CEO of Liberty Bank.

Joan Carty, President and CEO of HDF says, “We are so pleased to receive this generous grant from the Liberty Bank Foundation. They have made such a meaningful commitment to improving opportunities for Connecticut’s hardworking families, we are excited to join in these efforts.”

Since its inception in 1997, the Liberty Bank Foundation has awarded over $9 million in grants to nonprofit organizations within Liberty Bank’s market area. The foundation seeks to improve the quality of life for people of low or moderate income by investing in three areas: education to promote economic success for children and families; affordable housing; and nonprofit capacity building. Along with its grant making, the foundation strives to foster the convening and collaboration of nonprofits, funders, business, and government to address community issues.

The Housing Development Fund’s mission is to facilitate the development of affordable housing, both rental and homeownership, and to assist households to become and remain owners of affordable homes. With help from HDF, first time homebuyers become homeowners through free counseling and unique lending products, developers build affordable housing units with competitive financing, and homeowners are encouraged and supported through innovative programs.  Public and private investment through HDF is making sustainable homeownership a reality, one HDF Home at a time.