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Field Empowerment Fund (FEF) - Housing Counseling Services: HSBC Geographies Grant

National Community Reinvestment Coalition Inc

Funding Amount

More than US $10,000

Deadline

Deadline not published

Grant Type

Foundation

Can we apply?

Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.

Required status

  • 501(c)(3) tax-exempt status

Other requirements

  • Be a HUD-certified housing counseling agency
  • Have a physical office location and attend clients in an eligible geography.
  • You must be a member of this organization to apply for this award - become a member.

Overview

Note: The NCRC Field Empowerment Fund (FEF) - Housing Counseling Services track has two separate application deadlines:

  1. The deadline for the HSBC Geographies is as above.
  2. The deadline for KeyBank Geographies is linked here: NCRC Field Empowerment Fund (FEF) - Housing Counseling Services: KeyBank Geographies.

About NCRC
The National Community Reinvestment Coalition (NCRC) is a nationwide network of nearly 800 organizations and champions working for a Just Economy, where all Americans can build wealth and provide for their families with stability and dignity.
This vision is the foundation of the Just Economy Pledge.
NCRC Field Empowerment Fund (FEF) - Housing Counseling Services
The Field Empowerment Fund (FEF) empowers NCRC network members to level up established service lines.
The Housing Counseling Services series within FEF supports HUD-approved housing counseling agencies in driving homeownership, such as through pre-purchase counseling. In addition, the program builds agency knowledge on heirs’ property challenges to better equip first-time and low-income homebuying households with the know-how to retain intergenerational wealth.
In doing so, FEF-HCS aims to help underserved families begin their homeownership journey, with an additional goal of ensuring foresight into the long-term future of their home purchase.
The FEF-HCS series is funded in partnership with Key Bank and HSBC, and targets communities within the Key Bank and HSBC branch footprints.
Through these partnerships, $2.5 million in Key Bank geographies and $1.5 million in HSBC geographies has been allocated for the subgrants for direct-to-client housing counseling services that will be awarded in three rounds in the FEF-HCS track.
Funding Support
Awardee agencies will receive subgrants to support their housing counseling services to clients.
Knowledge Building
Awardee agencies will attend a training session on heirs’ property challenges and best practices, hosted by NCRC National Training Academy. Bolstering counselor knowledge on this topic will ensure that your agency is not only serving clients in their personal wealth-building journey now, but also helping them preserve that wealth in generations to come.

Eligibility

Be an active NCRC 501(c)3 member.Be a HUD-certified housing counseling agency
Have a physical office location and attend clients in an eligible geography.
You must be a member of this organization to apply for this award - become a member.

Past recipients of this program

Recent awards under this program (from National Community Reinvestment Coalition Inc's IRS filings)

30 grants in National Community Reinvestment Coalition Inc's 2021–2022 filings reference “Field Empowerment Fund” in their stated purpose. Amounts and places as reported by the funder.

What National Community Reinvestment Coalition Inc actually gave

Source: IRS Form 990, 2024

Grants in 2024
64
Total given
$4.1M
Median grant
$25K
Range
$6,389–$300K
  • By dollars: District of Columbia 18%, Florida 10%, Maryland 10%. Top recipient cities: Washington, DC; Tampa, FL; Baltimore, MD.
  • 0% of grants with a stated purpose were for general or operating support.
  • 61% of recipients were new grantees, not repeat recipients.

Example grants

  • NCRC Development Corp · Washington, DC

    Subgrant

    $300K

  • Southwest Economic Solutions (Miside Wealth) · Detroit, MI

    Subgrant

    $250K

  • Black Women Build - Baltimore Inc · Baltimore, MD

    Subgrant

    $200K

  • Pacific Asian Consortium in Employment (Pace) · Los Angeles, CA

    Subgrant

    $180K

  • Couleecap Inc · Westby, WI

    Subgrant

    $179K

IRS Form 990, 2024. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • Housing
  • Nonprofits
  • Community development

Categories

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