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KeyBank Foundation Supports Affordable, Sustainable Housing with a $750,000 Home Repair Grant to Belmont Housing Resources for WNY, Inc.

BUFFALO, NY / ACCESS Newswire / June 18, 2025 / Funding will provide home repair grants to low-income residents in WNY through the "Key to Healthy Homes Initiative" The KeyBank Foundation is investing $750,000 to support efforts to make homeownership ...

articleKeycorpJune 18, 20254/company/keycorp/news/keybank-foundation-supports-affordable-sustainable-housing-with-a-dollar750000-home-repair-grant-to-belmont-housing-resources-for-wny-inc
KeyBank Foundation Supports Affordable, Sustainable Housing with a $750,000 Home Repair Grant to Belmont Housing Resources for WNY, Inc.

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[{"type":"text","content":"BUFFALO, NY / ACCESS Newswire / June 18, 2025 / Funding will provide home repair grants to low-income residents in WNY through the "Key to Healthy Homes Initiative"","length":174,"tagName":"p"},{"type":"text","content":"The KeyBank Foundation is investing $750,000 to support efforts to make homeownership more sustainable, safe and affordable through Belmont Housing Resources for WNY, Inc. This funding will help launch Belmont's new "Key to Healthy Homes Initiative" (KHHI) program, which will provide home repair grants to low-income residents of Buffalo's East Side at or below 80% of Area Median Income.","length":407,"tagName":"p"},{"type":"text","content":""Efforts that make homeownership more affordable and sustainable strengthen our neighborhoods and help them grow and thrive. The Key to Healthy Homes Initiative will have a transformative effect on families and communities across Buffalo and Western New York," said Michael McMahon, KeyBank Buffalo Market President. "KeyBank is proud to partner with Belmont Housing and support their work to lift up and make a difference in the communities we proudly call home."","length":484,"tagName":"p"},{"type":"text","content":"Belmont's mission is to expand affordable housing opportunities throughout Western New York. As a leading advocate for quality affordable housing, the nonprofit provides services to over 15,000 low-income households, generating over $30 million in rental assistance payments to property owners annually. The KHHI program will help Belmont expand efforts to provide more funding for home repairs in the areas in serves.","length":422,"tagName":"p"},{"type":"text","content":""KeyBank has been a long-standing partner to our team at Belmont Housing, and they have consistently demonstrated their commitment to making strategic investments here in Western New York. We face unprecedented challenges with housing affordability at this time and the funding through this initiative will prove critical to rehabilitating our housing stock, sustaining homeownership for City residents, and improving living conditions for families," said Brad Packard, Incoming President for Belmont Housing Resources for WNY, Inc. "We applaud this effort by KeyBank and truly appreciate this opportunity to better assist residents on the East...

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Belmont HousingKeyBankaffordable housingWNYBelmont Housing Resources for WNY, Inc.Healthy Homes Initiativehousing stockBuffaloBelmont