How Financial Institutions Can Support Durham Opening Doors Homeless Prevention & Services

  • Provide financial support for a Land Banking Program to purchase and hold sites for future development.
  • Provide financial support for homebuilders to build permanent housing projects for people at risk of homelessness.
  • Advocate at the State and Federal levels for increased funding for the NC Housing Trust Fund and federally-supported funding for housing development.
  • Provide free and reduced-fee savings and checking services to the homeless to provide access to mainstream financial institutions and build a positive financial history.
  • Provide financial literacy education to residents of emergency shelters and transitional housing programs.
  • Establish Individual Development Accounts (IDAs) to allow low income families to save for a first home.

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