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Housing & Community « Real Life Stories »
Real Life Stories
Building on Basics
Learn what the FHLBank Pittsburgh is doing to help
build the basics for success in neighborhoods and communities
throughout the region.
Affordable Housing Program Success
United Bank’s Affordable Housing Funding Offers ‘Rea of Hope’ for Recovering West Virginia Women and Their Families
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The wait for women seeking alcohol and drug addiction recovery program services is a little shorter thanks to the help of United Bank and project sponsor Rea of Hope, Inc., a Charleston, W.Va.-based women’s drug and alcohol addiction recovery facility. The facility has maintained a waiting list since 2007. With the recent opening of two rehabbed homes last summer – Rea of Hope II – the recovery program can help a few more women in need sooner.
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Community Lending Program Success
The Mane Event: CLP-funded State-of-the-Art Equine Facility Débuts in Chester County, PA
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A new state-of-the-art equine clinic and surgical facility debuted recently in Oxford, Pennsylvania and will offer an array of the latest advancements in veterinary medicine, along with their current services. The facility – designed by staff veterinarians – was constructed on the site of an old dairy farm and used much of the original barn wood true to the countryside of the Chester County area.
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First Front Door Success
Stephanie Maddrey Decorates a Wedding Cake - and a New Home
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Like so many other Americans, Stephanie Maddrey and her fiancé, Gary, longed for all the good things life has to offer - a happy marriage, a family and a place to call home.
In October 2006, those plans started coming together for the Philadelphia couple, thanks in part to FHLBank’s program for first-time homebuyers.
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Banking On Business Success
Delaware Kitchen Business Expands with Perfect Recipe from Wilmington Savings Fund Society and BOB
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Holcomb Cabinetry of Wilmington, Del., has been in business for three decades. The small business sells and installs residential custom kitchens in both new construction and existing homes in northern Delaware, Southeastern Pennsylvania and as far away as the Jersey Shore. Owner Don Holcomb decided about two years ago that it was time to move to a larger facility with more showroom space, which would also provide an opportunity for increased sales.
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Blueprint Communities
West Virginia Expands its “Blueprint” with Six New Communities
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West Virginians had six reasons to celebrate on February 4 with the induction of six new communities into FHLBank Pittsburgh’s Blueprint Communities program at Tamarack in Beckley. The areas of Bluefield, Hinton, Marlinton, Princeton, Richwood and Sophia joined others in the Blueprint program in the pledge to engage their communities in positive change and create and implement a plan for community revitalization.
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Letters of Credit
Rural Hospital Locks in New Facility with LOC Financing
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Corry Memorial Hospital has been a community fixture for nearly 60 years in the town of Corry, Pennsylvania, located about 30 miles from the city of Erie. And like many rural hospitals, it has seen its infrastructure age and bed utilization decline with a significant shift from inpatient to outpatient services. Hospital administrators worked for years to come up with the financing to build a new hospital to better respond to community needs.
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