In October 2015, the Raynier Institute & Foundation increased its largest philanthropic investment in the Philadelphia region with a $3,000,000 grant over five years to be used for Project HOME’s 810 Arch Street, a 94 unit building which will provide affordable units to homeless individuals and low-income residents of the Chinatown neighborhood.
In October 2014, Raynier continued its initial support of Project HOME with $1,200,000 to support several mission critical projects currently underway, as follows: $1,000,000 towards the development of the Stephen Klein Wellness Center (SKWC); $100,000 which provided critical matching dollars needed to secure an additional $500,000 from the Independence Foundation to support the 810 Arch Street project; and $100,000 to help provide supportive services to individuals living at 810 Arch Street as they work towards stabilizing their lives and achieving their full potential.
Raynier Institute & Foundation originally made its largest investment in the Philadelphia region in February 2012 with grants totaling $2,000,000 million to Project HOME. The grants funded housing and services for the homeless and formerly homeless men, women and children Project HOME serves, providing housing, opportunities for employment and education. Specifically, these grants funded a new residence, James Widener Ray Homes, much needed renovations to older residences housing 137 residents, as well as an innovative pilot program to prepare formerly homeless and low income men and women for job readiness. The grants leveraged several other grants for the projects, totaling $18 million to help break the cycle of homelessness and poverty in Philadelphia.
Raynier Institute & Foundation committed to three separate grants in support of Project HOME’s mission ending chronic street homelessness in Philadelphia through housing, opportunities for employment, medical care and education:
- A lead grant of $1,200,000 funded a residence project with 53 units of permanent, supportive housing for formerly homeless men, women and children – including 15 veterans. The residence is now called the James Widener Ray Homes, and is a beacon in a neighborhood now poised for revitalization. (Click here for pictures)
- A grant of $300,000 to secure matching funds for a federal grant to renovate Project HOME’s first five residences, which are home to 137 formerly homeless men and women. These residences provide individualized support services to engage them on their journey of recovery.
- A grant of $500,000 over 4 years (beginning in 2012) will fund an innovative pilot program knitting two Project HOME programs: Employment Services and Adult Learning and Workforce Development. This pilot is helping provide more efficient, effective services to ensure those who have been on the street are prepared to obtain and maintain meaningful employment.