[LAS VEGAS, Nev.] – November 18, 2022 – Clark County Credit Union (CCCU) has collaborated with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) and its AHEAD Economic Development Grant Program to provide $27,000 in funding to NPHY (Nevada Partnership for Homeless Youth).
The AHEAD Program enables FHLBank San Francisco members like CCCU to give a critical boost to local programs and projects that target pressing community needs and bring greater opportunity to underserved populations. The CCCU-sponsored grant will fund NPHY’s work in their Drop-In Center that is designed exclusively for homeless youth, ages 12 through 20.
The center offers at-risk youth free and confidential access to a welcoming, homelike environment where they can access life-sustaining resources, receive individualized case management support and build positive connections in a non-institutional setting.
Matt Kershaw, CCCU’s CEO said, “We are happy to assist in this grant opportunity for NPHY’s Drop-In Center which addresses the special economic development needs for at-risk youth.”
Since program inception in 2004, FHLBank San Francisco has awarded more than $20 million in AHEAD grants to over 700 economic development projects in Arizona, California, and Nevada. In the 2022 funding round, at the Board of Director’s discretion, FHLBank San Francisco allocated $1.5 million in AHEAD Grants for 55 projects. CCCU applied for the grant in partnership with NPHY and was awarded the $27,500 after a competitive selection process. This will be the second year that CCCU has participated in the program.
“From creating jobs and supporting small businesses to providing resources for underserved populations, this year’s grantees showcase all the ways nonprofits supported by the AHEAD Program are making a difference,” said Marietta Núñez, Senior Vice President and Community Investment Officer at FHLBank San Francisco. “We couldn’t be prouder to partner with Clark County Credit Union to support innovative initiatives that will strengthen the economic vitality of our communities.”
For those interested in applying for the AHEAD Program in 2023, please contact Clark County Credit Union or visit the FHLBank San Francisco website to learn more.
About Clark County Credit Union
Founded in 1951, CCCU is a not-for-profit financial institution serving over 51,000 members who are municipal employees (Clark County, City of Henderson, City of Las Vegas, and City of North Las Vegas), medical professionals, members of Nevada Public Radio (KNPR) and numerous select employer groups. CCCU has assets of $1.1 billion and six branches throughout Southern Nevada and has given back more than $70 million in Bonus Dividends since 2001. More information about CCCU can be found online at www.ccculv.org.
About Nevada Partnership for Homeless Youth (NPHY)
NPHY is the most comprehensive service provider for thousands of homeless youth in Southern Nevada, serving hundreds of youth through core programs and touching the lives of thousands more through outreach each year. NPHY’s programs stabilize homeless teens’ lives, meeting their immediate needs and providing a safe, supportive environment and a path to self-sufficiency. Through work with homeless youth, NPHY creates productive, healthy adults who contribute to society. Strengthening and complementing the high-quality direct services for homeless youth, NPHY is dedicated to advocating for the Las Vegas Valley’s homeless youth population and serves as a leader in systems-level efforts to eliminate homelessness among Nevada’s youth. For more information or to support our life-changing work for homeless youth, please visit www.nphy.org.
About the Federal Home Loan Bank of San Francisco
The Federal Home Loan Bank of San Francisco is a member-driven cooperative helping local lenders in Arizona, California and Nevada build strong communities, create opportunity, and change lives for the better. The tools and resources we provide to our member financial institutions – commercial banks, credit unions, industrial loan companies, savings institutions, insurance companies and community development financial institutions – promote homeownership and expand access to quality housing and boost economic development. Together with our members and other partners, we are making the communities we serve more vibrant, equitable, and resilient.
