(Baton Rouge, LA) – Urban Restoration Enhancement Corporation (UREC), a Baton Rouge nonprofit community development agency that provides high quality, affordable homeownership opportunities for working low to moderate income families has been awarded $75,000 through the Greater New Orleans Fair Housing Action Center’s (GNOFHAC) Baton Rouge Community Revitalization Fund.
UREC will dedicate award proceeds to the rehabilitation of blighted and vacant homes in distressed north Baton Rouge neighborhoods. A portion of the award will also be used for outreach and educational seminars on homeownership, home improvement and foreclosure prevention.
GNOFHAC Executive Director Cashauna Hill said: “It is our vision to see purposeful reinvestment made in urban neighborhoods to counteract the devastating damage to Baton Rouge neighborhoods resulting from foreclosures, predatory lending, and alleged unlawful marketing and maintenance practices. UREC remains on the forefront of abating these challenges in north Baton Rouge, and we are pleased to extend this award to UREC.”
UREC President & CEO Emel Alexander said: “UREC appreciates the Greater New Orleans Fair Housing Action Center’s diligence in making access to homeownership an equitable option. The award will leverage our ability to revitalize key, underserved areas in North Baton Rouge, while providing quality and affordable homeownership and homeownership education to individuals and families.”
The GNOFHAC award will leverage UREC’s ability to expand its current homeownership initiatives. UREC has constructed and rehabilitated affordable homes for educators, retirees, small business owners and recent college graduates. In the past year alone, UREC, in partnership with local financial institutions and community organizations, has served more than 70 families through free homeownership and credit counseling seminars.
Individuals or families interested in future homeownership opportunities or seminars are encouraged to contact Urban Restoration Enhancement Corporation at (225) 356-8871 or firstname.lastname@example.org. Learn more at www.urecbr.com.