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FNBO Awards $904,000 in Community Development Grants

Press Release

Contact: Kevin Langin, 402-602-3541
Release Date: May 7, 2018

Gears that say Give & Receive

First National Bank Deveopment Grant Summary

First National Bank of Omaha has awarded a total of $904,000 in community development grants to 47 organizations in Nebraska, Colorado, Illinois, Kansas, South Dakota and Texas, announced Alec Gorynski, Vice President, Community Development and Corporate Philanthropy. The grants support programs focused on increasing access to stable housing, revitalizing neighborhoods and building strong local economies.

“At First National Bank, we firmly believe that we have the ability and a responsibility to help make our communities stronger,” said Gorynski. “That’s why our Community Development Grant Program directs our investments with proven community partners who are working to create positive outcomes where need isn greatest and results are best realized.” In Nebraska, First National Bank awarded $590,000 in community development grants to 24 organizations across the state. Grants for affordable housing and neighborhood revitalization programs will enable the bank’s community partners to build, rehabilitate or finance 395 homes and provide 1,315 individuals with home ownership education and foreclosure prevention services. These include:

  • $20,000 – GESU Housing, Inc. (Omaha): supports construction of new homes in the Clifton Hills area in Omaha.
  • $40,000 – Habitat for Humanity of Omaha (Omaha): supports housing construction, home repair and beautification efforts in the Adams Park Neighborhood.
  • $20,000 – Heartland Family Service (Omaha): helps individuals and families avoid or exit homelessness and improve self-sufficiency and stability.
  • $40,000 – Holy Name Housing Corporation (Omaha): provides operational support that will facilitate the construction of 18-25 affordable housing units.
  • $20,000 – Nebraska Housing Developers Association (Omaha): increases the availability of quality affordable housing in Nebraska for low-income individuals.
  • $20,000 – NeighborWorks Home Solutions (Omaha): supports construction of one home for a low income family and provides financial counseling and post-purchase workshops.
  • $30,000 – Omaha Healthy Kids Alliance (Omaha): conducts visual and environmental assessments of homes with children to identify and remediate environmental safety hazards.
  • $50,000 – Project Houseworks (Omaha): increases the number and quality of home repairs and modifications for low-income homeowners in the Omaha and Council Bluffs area.
  • $20,000 – Habitat for Humanity of Columbus (Columbus): provides permanent, quality, affordable housing for low-income families.
  • $15,000 – NeighborWorks Northeast Nebraska (Columbus): provides down payment assistance and homebuyer education to low-income individuals to purchase homes in the Columbus area.
  • $10,000 – Fremont Area Habitat for Humanity (Fremont): provides permanent, quality, affordable housing for low-income families.
  • $25,000 – Greater Fremont Development Council (Fremont): supports local rural workforce housing development and serves as a match for the organization’s recent workforce housing fund grant from the State of Nebraska.
  • $10,000 – Grand Island Area Habitat for Humanity (Grand Island): supports funding for lot development and home construction.
  • $15,000 – Kearney Area Habitat for Humanity (Kearney): supports construction of three affordable homes for low-income families in Kearney.
  • $15,000 – NeighborWorks (Lincoln): transforms undesirable properties into new single-family, affordable homes.
  • $10,000 – High Plains Community Development Corporation (North Platte): provides down payment/closing cost assistance for two potential low-income families and operational funding for homebuyer education.
  • $10,000 – Lincoln County Community Development Corporation (North Platte): delivers homebuyer education and increases the number of safe, decent and affordable houses in Lincoln County.
  • $10,000 – North Platte Area Habitat for Humanity (North Platte): supports construction of three homes in the North Platte area.
  • $25,000 – Wayne Community Housing Development Corporation (Wayne): supports local rural workforce housing development and serves as a match for the organization’s recent workforce housing fund grant from the State of Nebraska.

Grants supporting economic development initiatives will create or retain 540 jobs and assist more than 1,527 small businesses in Nebraska. These include:

  • $45,000 – Catholic Charities of Omaha (Omaha): provides training, technical assistance and microloans to low-income entrepreneurs.
  • $30,000 – Grameen (Omaha): provides affordable microloans, credit building, asset building, financial education and peer networking services to low-income women entrepreneurs in the Greater Omaha Area
  • $40,000 – Iowa Western Community College Small Business Development Center: provides training and technical assistance to small businesses in Council Bluffs and surrounding areas
  • $30,000 – Nebraska Business Development Center (Omaha): provides one-on-one consulting to existing and potential business owners in business planning, financial analysis, financing options and general business practices
  • $40,000 – Nebraska Enterprise Fund (Omaha): serves diverse businesses primarily in North Omaha through greater one-to-one consulting, training and access to small/micro loans.

First National Bank expects to announce additional community development grants in the fourth quarter of this year that will support initiatives that strengthen the workforce. In 2017, the bank awarded a total of $1.8million in community development grants to 104 organizations across its seven-state service area. To view First National Bank’s “2017 First in the Community Impact Report” and learn more about the full extent of its 2017community contributions, please see our Impact Report page.

First National Bank of Omaha is a subsidiary of First National of Nebraska. First National of Nebraska and its affiliates have more than $21 billion in assets and 5,000 employee associates. Primary banking offices are located in Nebraska, Colorado, Illinois, Iowa, Kansas, South Dakota and Texas.