WILMINGTON, N.C., Jan. 30, 2024 (GLOBE NEWSWIRE) — SECU Foundation has announced its award of a $2 million challenge grant to Good Shepherd Center (GSC) in Wilmington, demonstrating its ongoing commitment to improving the lives of North Carolinians. GSC, the largest provider of homeless services in the Cape Fear region, will use the funds for the construction of a new 32-unit permanent supportive housing facility to assist veterans, seniors, and persons with disabilities battling chronic homelessness.
This latest grant builds upon the successful collaboration between SECU Foundation and Good Shepherd Center in 2016 for the development of SECU Lakeside Reserve, a housing project that has successfully helped adults transition out of homelessness and regain their independence. The Foundation’s support for the new facility will help GSC expand its reach and impact in the region. Good Shepherd Center has been feeding the hungry, sheltering the homeless, and fostering the transition to housing since 1983.
“Good Shepherd Center has been a tremendous catalyst in providing housing solutions to address homelessness and ensure the area’s most vulnerable populations have access to a stable environment and the support they need,” said SECU Foundation Executive Director Jama Campbell. “We are honored to help this organization take a significant step forward in the fight to end homelessness, and we hope that our challenge grant will inspire others to lend their support to an effort that is making such a positive difference for North Carolinians.”
“We are both humbled and inspired by SECU Foundation’s incredible generosity,” said Good Shepherd Center Executive Director Katrina Knight. “It is not merely an investment in Good Shepherd Center’s plans to create more permanent supportive housing, it is quite literally an investment to end the housing crisis for our most fragile neighbors, chronically homeless individuals with disabilities. We could not be more grateful for the Foundation’s support, vision, and leadership!”
About SECU and SECU Foundation
A not-for-profit financial cooperative owned by its members, and federally insured by the National Credit Union Administration (NCUA), SECU has been providing employees of the state of North Carolina and their families with consumer financial services for over 86 years. SECU is the second largest credit union in the United States with $50 billion in assets. It serves nearly 2.8 million members through 275 branch offices, over 1,100 ATMs, Member Services Support via phone, www.ncsecu.org and a Mobile App. The SECU Foundation, a 501(c)(3) charitable organization funded by the contributions of SECU members, promotes local community development in North Carolina primarily through high-impact projects in the areas of housing, education, healthcare, and human services. Since 2004, SECU Foundation has made a collective financial commitment of over $258 million for initiatives to benefit North Carolinians statewide.
Contact: Jama Campbell, Executive Director
Office: 919-839-5562 | [email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/38034e1e-2ad8-42f4-832a-5a1bb3cd1848