Supportive Housing Communities receives funding from Bank of America to provide affordable housing and supportive services to the chronically homeless in Charlotte and Mecklenburg County
Charlotte, NC, June 1, 2021 – Supportive Housing Communities (SHC), a local nonprofit organization whose mission is to alleviate homelessness and human suffering, has received funding from Bank of America in support of its inaugural virtual fundraising event, Keys to Live Again – a Virtual Night In to be held on Wednesday, June 23 at 7:00pm EST.
SHC was recently added to the 2025 Charlotte Mecklenburg Housing and Homeless Strategy, led by Bank of America’s Chief Operations and Technology Officer Cathy Bessant and Atrium Health’s CEO Gene Woods. Bank of America is this year’s Presenting Sponsor of the virtual fundraiser and in addition to being a corporate sponsor of the event, the BofA Community Development Banking Group (CDBG) has selected SHC as the first North Carolina Market recipient of a $74,000 contribution. This funding complements Bank of America’s $1.25 billion, five-year commitment to help advance racial equality and economic opportunity in underserved communities with a focus on affordable housing, health and healthcare, jobs/reskilling and small business.
“We are grateful and honored to receive support from Bank of America. Their generous support will greatly help us to assist residents hardest hit by the COVID-19 pandemic,” says Tonya Bruce, Board Chair. According to Laura Caldwell, SHC’s Chief Executive Officer, the dollars will help the organization expand its affordable housing offerings and support services to the chronically homeless and very low-income households at our McCreesh Place and St. Johns Place properties and in privately-owned rental units managed by SHC across Mecklenburg County.
“We have a longstanding relationship with Supportive Housing Communities. Their mission takes on even greater significance this year when many in our community continue to face challenges caused by the pandemic,” stated President of Bank of America Charlotte Kieth Cockrell.
About Supportive Housing Communities
To carry out its mission to alleviate homelessness and human suffering, SHC uses a permanent supportive housing (PSH) model, which links permanent, affordable rental housing with access to flexible, voluntary supportive services, including mental health counseling, substance use treatment and employment services to help the chronically homeless maintain stable housing. Over 90 percent of SHC’s formerly homeless residents remain stably housed for at least one year—a true testament to the success of SHC and its programs and services. Stay up to date on SHC news and happenings at www.supportivehousingcommunities.org and on Facebook, Instagram and Twitter.
About Bank of America
At Bank of America, we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Learn more at about.bankofamerica.com, and connect with us on Twitter (@BofA News).
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Reporters may contact:
Laura Caldwell, Supportive Housing Communities CEO, 704-248-3771