NECAC recognized for helping Missouri homeowners
Sat, 22 Feb 2014 01:25:00 GMT —
A northeast Missouri organization that helps low-income residents received some recognition for its work in the form of a symbolic check.
Federal Home Loan Bank of Des Moines presented North East Community Action Corporation with a $5.3 million dollar check. The check symbolizes all of the grants NECAC has received over the past eight years for its home repair program.
Jeanie Eisenhower is one of many homeowners in Missouri who is thankful for NECACâ??s help. For years, Eisenhower couldnâ??t afford to repair the floors in her hundred-year-old home in Clarksville.
When she found out NECAC offered grant money to pay for home repairs, she checked into it.
â??I signed the paperwork and they said weâ??ll put it through, and the next thing I know, theyâ??re making appointments to come to my house to do the repairs," Eisenhower said.
Since 2006, NECAC awarded grants to more than 1,200 homeowners in ten Missouri counties.
Thatâ??s one of the reasons why the Federal Loan Bank of Des Moines commemorated NECAC for its effort to assist homeowners in obtaining grants.
â??Weâ??re being recognized by the Federal Home Loan Bank of Des Moines for having been able to partner with local banks and bring in over $5.3 million dollars," NECAC Deputy Director of Housing Carla Potts said.
Federal Home Loan Bank of Des Moines approves the grants that NECAC awards to homeowners.
Curt Heidt, Federal Home Loan Bank of Des Moines Vice President of External Relation, says programs like NECAC help people fix their homes for a cheaper cost.
â??With our money, theyâ??ll have a little more flexibility and they can take ours, do the things they can do under those particular programs. That way the homeowner gets a little more done," Heidt said.
Eisenhower says sheâ??s forever indebted to NECAC for its help.
â??They were so kind and the folks who did the work everyday. They were so pleased, actually pleased with the progress and happy to be able to help," Eisenhower said.
NECAC also received a second check for five hundred thousand from The Federal Home Loan Bank of Des Moines and The People Bank & Trust Company.
That money will go toward grants for homeowners in St. Charles, Missouri.