In just two years, the NATIONAL ASSOCIATION OF REALTORS® awarded nearly $5 million in grants to state REALTOR® associations to fund affordable housing opportunities for working families.
Launched by NAR in 2009, the Ira Gribin Workforce Housing Grants were intended to stimulate REALTORS®’ efforts to address the growing need for affordable workforce housing and help position REALTORS® as leaders on this issue. By the time the program ended in December 2010, 52 REALTOR® associations had received grants.
The most popular association project type was community outreach, which included a range of activities from legislative advocacy to public awareness. Financial assistance was another common project type that most typically involved a financial award, such as down payment or closing cost assistance for home buyers.
To access a report detailing the impact of the association programs, contact information, steps taken to create specific projects, as well as details on partnerships, visit the Ira Gribin Workforce Housing page.