Funding Opportunities

Local Projects in Company Communities Funded

The Baltimore Life Companies Community Grants Program supports a wide range of nonprofit organizations that benefit the communities in Delaware, Maryland, New Jersey, Ohio, Pennsylvania, South Carolina, West Virginia, and Washington, DC, where the company has offices. The program provides grants of $500 to fund community-based organizations addressing family, safety, and community enhancement issues. Examples of eligible programs include child safety education, community cleanup campaigns, neighborhood watch activities, etc. Priority is given to ambitious organizations that already have “volunteer power” in place, but need financial support to implement their home-grown projects. Applications must be returned to local Baltimore Life agencies by October 15, 2019. Visit the company’s website to download the grant guidelines and application form. Read more.

Apprenticeship Programs Supported

Department of Labor – The Apprenticeships: Closing the Skills Gap program seeks to promote apprenticeships as a significant workforce solution in filling current middle- and high-skilled job vacancies and closing the skills gap between employer workforce needs and the skills of the current workforce. The goals of the program include accelerating the expansion of apprenticeships to industries and occupations that have not traditionally deployed apprenticeships, such as cybersecurity, artificial intelligence, and healthcare; promoting the large-scale expansion of apprenticeships across the nation; and increasing apprenticeship opportunities for all Americans. The application deadline is September 24, 2019. Read more.

WHEDA Foundation, Inc. announces 2019 Housing Grant Program Competition $1 million available for housing providers serving low-income persons

The Wisconsin Housing and Economic Development Authority (WHEDA) and the WHEDA Foundation, Inc. announce the availability of grant funds through the 2019 WHEDA Foundation Housing Grant Program competition. Read more

Fannie Mae Launches Green Rewards Incentives for Multifamily Housing

Fannie Mae has launched its Green Rewards multifamily financing program for owners of apartment buildings and cooperatives to encourage them to invest in energy- and water-saving improvements.Green Rewards includes a portion of the owner’s and the tenant’s projected energy and water cost savings in the loans’ underwriting, resulting in greater loan proceeds than a typical loan. In addition, Green Rewards reduces the all-in interest rate by 10 basis points.

The program covers investments in solar photovoltaic panels, Energy Star-certified HVAC systems, water-reducing irrigation systems or applications for a green building certification, such as the U.S. Green Building Council’s LEED certification.Both conventional and affordable multifamily properties are eligible for Green Rewards, as well as cooperatives, seniors, military and student housing properties. Properties may be located anywhere in the U.S. and must be able to project a 20% minimum consumption savings in energy and/or water.

To track energy performance over time, owners with a Green Rewards loan must report the property’s Energy Star score annually. The additional loan proceeds must be reinvested in the property within two months of loan closing.For more information on Fannie Mae’s Multifamily Green Initiative, click here.

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Funding Opportunities

Local Projects in Company Communities Funded

The Baltimore Life Companies Community Grants Program supports a wide range of nonprofit organizations that benefit the communities in Delaware, Maryland, New Jersey, Ohio, Pennsylvania, South Carolina, West Virginia, and Washington, DC, where the company has offices. The program provides grants of $500 to fund community-based organizations addressing family, safety, and community enhancement issues. Examples of eligible programs include child safety education, community cleanup campaigns, neighborhood watch activities, etc. Priority is given to ambitious organizations that already have “volunteer power” in place, but need financial support to implement their home-grown projects. Applications must be returned to local Baltimore Life agencies by October 15, 2019. Visit the company’s website to download the grant guidelines and application form. Read more.

Apprenticeship Programs Supported

Department of Labor – The Apprenticeships: Closing the Skills Gap program seeks to promote apprenticeships as a significant workforce solution in filling current middle- and high-skilled job vacancies and closing the skills gap between employer workforce needs and the skills of the current workforce. The goals of the program include accelerating the expansion of apprenticeships to industries and occupations that have not traditionally deployed apprenticeships, such as cybersecurity, artificial intelligence, and healthcare; promoting the large-scale expansion of apprenticeships across the nation; and increasing apprenticeship opportunities for all Americans. The application deadline is September 24, 2019. Read more.

WHEDA Foundation, Inc. announces 2019 Housing Grant Program Competition $1 million available for housing providers serving low-income persons

The Wisconsin Housing and Economic Development Authority (WHEDA) and the WHEDA Foundation, Inc. announce the availability of grant funds through the 2019 WHEDA Foundation Housing Grant Program competition. Read more

Fannie Mae Launches Green Rewards Incentives for Multifamily Housing

Fannie Mae has launched its Green Rewards multifamily financing program for owners of apartment buildings and cooperatives to encourage them to invest in energy- and water-saving improvements.Green Rewards includes a portion of the owner’s and the tenant’s projected energy and water cost savings in the loans’ underwriting, resulting in greater loan proceeds than a typical loan. In addition, Green Rewards reduces the all-in interest rate by 10 basis points.

The program covers investments in solar photovoltaic panels, Energy Star-certified HVAC systems, water-reducing irrigation systems or applications for a green building certification, such as the U.S. Green Building Council’s LEED certification.Both conventional and affordable multifamily properties are eligible for Green Rewards, as well as cooperatives, seniors, military and student housing properties. Properties may be located anywhere in the U.S. and must be able to project a 20% minimum consumption savings in energy and/or water.

To track energy performance over time, owners with a Green Rewards loan must report the property’s Energy Star score annually. The additional loan proceeds must be reinvested in the property within two months of loan closing.For more information on Fannie Mae’s Multifamily Green Initiative, click here.