Housing Resiliency Fund

Housing Resiliency Fund

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Donation Total: $100

Jericho Road is excited to introduce the Housing Resiliency Fund!

Since 2006, Jericho Road has positively impacted communities in Southeast Louisiana by providing affordable homeownership opportunities for first-time homebuyers, assisting seniors with property repairs, offering career growth opportunities through workforce development, and delivering coaching and financial education programs for low-income families.

Resiliency is often discussed after a crisis or disaster, but achieving it requires support from organizations like Jericho Road. To honor the families and communities we serve, we are launching the Housing Resiliency Fund. This fund aims to provide homeownership resources for low-income and working families, provide gap funding for future homebuyers, and maintenance assistance for senior homeowners.

The Covid-19 pandemic and increasing natural disasters have resulted in rising costs of homeownership, including interest rates, construction expenses, and insurance rates. These barriers are preventing potential homebuyers from closing deals. Additionally, insurance premiums have reached unprecedented levels, surpassing those after Hurricane Katrina in 2005. The fund will provide critical downpayment assistance for new homebuyers to help offset the exorbitant insurance costs that can prevent families from getting to the closing table.

The fund will also focus on helping seniors with long-term home maintenance and necessary changes to ensure their safety and comfort while aging-in-place. Many seniors face financial constraints, living on fixed incomes with limited resources for repairs and retrofits. The fund will provide the necessary resources for home improvement projects and enable seniors to enjoy their communities while maintaining independence.

Jericho Road is committed to creating thriving communities across Southeast Louisiana, empowering families to build generational wealth. We invite you to partner with us by contributing to the Housing Resiliency Fund. Together, we can make a larger impact by leveraging assets from individual donors, corporate partners, and philanthropic organizations.

Support the Housing Resiliency Fund TODAY! Your partnership will make a difference!

To learn more about the fund, please contact: development@jerhcohousing.org.