Hancock Whitney Corporation

10/21/2024 | Press release | Distributed by Public on 10/21/2024 05:03

Hancock Whitney Offers $200K in Grant Opportunities Supporting First-Time Homebuyer Programs, Home Rehab and Disaster Mitigation Organizations

Competitive awards advance community reinvestment across Gulf Coast

For the seventh consecutive year, Hancock Whitney, in partnership with the Greater New Orleans Foundation, is now accepting competitive grant applications from eligible non-profit organizations that promote first-time homebuyer programs; non-profit developers who provide home rehabilitation, renovations and repairs; and organizations that provide access to disaster mitigation renovation efforts, such as fortified roof program participation and green building programs across the five Gulf Coast states the financial institution serves.

The bank and foundation encourage organizations serving underserved and low-to-moderate income (LMI) communities to apply. Funding for the 2024 Hancock Whitney Opportunity Grants is part of Hancock Whitney's Community Reinvestment Act (CRA) program.

The application deadline is November 6, 2024.

"Your house is likely to be the largest purchase you ever make, and as such, this year, we'd like to honor organizations that assist new homeowners with navigating their program options and development organizations that help existing homeowners protect, renovate and strengthen their homes, a vital task that has become increasingly prevalent with homeowners across the Gulf South," said Hancock Whitney Vice-President, Community Development Programs, Ashley Aubrey Harrison.

The Greater New Orleans Foundation manages the grant application process. Hancock Whitney reviews applications and awards grants to qualifying nonprofits according to a competitive assessment that measures overall community impact.

"We're proud to once again partner with Hancock Whitney as we work together to make impactful grants throughout our region and across the Gulf South," said Andy Kopplin, President & CEO of the Greater New Orleans Foundation. "At The Greater New Orleans Foundation, we are proud to work with great companies like Hancock Whitney to advance their charitable giving, and we look forward to seeing the positive impacts that this year's grantees will be able to make with Hancock Whitney's support."

Hancock Whitney supports 501(c)(3) organizations serving 31 Metropolitan Statistical Areas (MSAs) and non-MSAs in Alabama, Florida, Louisiana, Mississippi and Texas. Last year, 25 nonprofits in five states earned Hancock Whitney competitive grants.

How to Apply

Now through November 6, 2024, eligible 501(c)(3) organizations located in one of Hancock Whitney's 31 assessment areas may apply digitally for competitive grants of up to $25,000 through the Greater New Orleans Foundation online application portal by visiting www.gnof.org/program/hancock-whitney-opportunity-grant/. All applications are due via the online portal no later than November 6, 2024. The Greater New Orleans Foundation will only accept applications submitted electronically. Applications received after the deadline will be ineligible for review. The application process requires a tax identification number and includes a review for current standing with the Internal Revenue Service. By submitting a proposal, non-profit organizations consent to sharing their application, financial information, and other details related to their application with Hancock Whitney and the Greater New Orleans Foundation. Application documents are stored electronically.

Learn Before Applying

The Greater New Orleans Foundation technology partner, Foundant, created a brief tutorial for applicants at https://support.foundant.com/hc/en-us/articles/4479853059991-GLM-Applicant-Tutorial. Hancock Whitney and the Foundation strongly encourage all applicants to watch this video before beginning a new application to better understand the application process.