Bank of America is celebrating the 10-year anniversary of its Neighborhood Builders program and continuing to expand its reach across the country. This year, high-impact nonprofits in Colorado were invited to apply for the bank’s signature philanthropic award for the first time. The inaugural recipient was Warren Village, which provides affordable housing, family services, early care and education for children, and career training to single-parent families in the Denver area, with the goal of helping them achieve economic independence. Warren Village received $200,000 in unrestricted funding and leadership training for its executive director and an emerging leader.
“It is crucial to provide single parents with access to education and career training, so they can earn a living wage and more quickly get on the path to self-sufficiency,” said Sharon Knight, president and CEO of Warren Village. “Through the Neighborhood Builders program, Bank of America is making a lasting impact in our community and we are honored to be the inaugural recipient of this grant in Colorado.”
Now celebrating its 40th anniversary, Warren Village is recognized as a national model for combining housing with onsite family services, such as early childhood education. Throughout the last several decades, more than 4,000 families that have resided in the 93-unit apartment building for two years at a time and have moved out and moved forward, breaking the cycle of trauma and poverty.
“Bank of America recognizes the important role Warren Village plays in serving our most vulnerable residents and ensuring better lives for so many in our community,” said Jodi Rolland, Bank of America Colorado President. “As Bank of America grows its presence in Colorado, Warren Village was selected as the first Neighborhood Builder for its long, successful track record in helping low-income residents achieve and sustain self-sufficiency.”