Independent Community Bankers Association of Minnesota (ICBM) endorses CRA Partners
We are pleased to announce that The Independent Community Bankers Association of Minnesota (ICBM) has recently endorsed CRA Partners as a means to help protect vulnerable senior citizens in area nursing homes, while offering banks the opportunity to earn CRA credit.
We established The Senior Housing Crime Prevention Foundation a 501(c)(3) in 2000 as a way for banks to earn Community Reinvestment Act (CRA) credit through CRA-qualified loans and investments. The structure of the SHCPF opens a segment of society to service by banks – the residents, family members and staff of nursing homes and senior HUD housing properties. Supporting low-to-moderate income Senior housing residents is an approved CRA activity designated by the federal regulatory agencies, allowing banks to receive CRA credit for supporting Foundation programs in nursing homes, HUD senior housing projects and the nation’s Veterans Nursing Homes. The focus of the SHCPF is to reduce all aspects of crime and provide ongoing, effective crime prevention programs that ensure a safe and secure environment for the residents of senior housing. In part, this is accomplished through the installation of their protection programs: Senior Crimestoppers, Senior Secure, and Senior Sentry.
“As a subsidiary of ICBA, we are delighted to work with an ICBA affiliate association as strong as ICBM to help their members continue to serve their communities,” said Ron Brooks, Vice President, Midwest Region – CRA Partners.
For over 20 years, CRA Partners has helped banks obtain the credit they deserve for safeguarding seniors, all without overhead or administrative hassles. Banks get involved through a community development loan, community development investment or a grant. Their flexible, low-risk funding options also help tailor the program to your bank’s CRA needs.
For more information about the Senior Housing Crime Prevention Foundation or to enroll in the program, visit www.SHCPFoundation.org, contact Ron Brooks at the Senior Housing Crime Prevention Foundation at (901) 500-7538 or email him at [email protected] .