Economic Development

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Chemical Bank Gives $15K to YNDC for Housing Programs

April 14, 2017
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YOUNGSTOWN, Ohio – Chemical Bank has donated $15,000 to support housing programs organized by Youngstown Neighborhood Development Corp., the community improvement group announced Thursday.

The funds will be used to expand YNDC’s housing counseling services, the group said in a release, which will in turn boost the number of homeowners in Youngstown.

“We are very grateful for the support of Chemical Bank and the commitment they have shown to our collective work to stabilize and revitalize neighborhoods throughout the city,” explained YNDC Executive Director Ian Beniston. “This investment will allow us to continue to grow our housing programs by counseling more clients and further strengthen neighborhood housing markets.”

Among the services available through the housing counseling program at YNDC are education programs for those who are either looking to buy houses in the city or have recently purchased a home. Topics include money management, mortgage workshops, down payment assistance, energy efficiency and housing code enforcement.

Added Chemical Bank Regional President Mark Wenick, “We are committed to giving back to the communities we serve. The YNDC does an outstanding job of contributing to the renewal and development of Youngstown neighborhoods. … We are pleased to assist in the advancement of our proud city.”

Pictured: Tiffany Sokol, YNDC housing director, Kyowa Pegues, Chemical Bank Community Reinvestment Act market manager, Ian Beniston, YNDC executive director, and Bob Kempe, Chemical Bank senior vice president and commercial loan group manager.

Published by The Business Journal, Youngstown, Ohio.