Citizens Charitable Foundation announces Growing Communities Initiative will provide $40,000 for Neighborhood Revitalization in Woonsocket Neighborhoods

Deadline for applications is December 15, 2020: RI_Growing_Communities_Application 2020

PROVIDENCE, R.I., November 17, 2020 – The Citizens Charitable Foundation announced plans today to invest $40,000 in grants as part of its Growing Communities initiative in Woonsocket neighborhoods. Growing Communities is part of Citizens Helping Citizens Strengthen Communities, the bank’s program to help contribute to the economic vitality of its communities. The Growing Communities initiative is designed to foster neighborhood revitalization and economic development activities across Rhode Island.

Through the Growing Communities initiative, Citizens Charitable Foundation will partner with the Rhode Island Local Initiative Support Corporation (LISC) to award $40,000 in grants, ranging from $2,000 to $10,000. The initiative will fund projects that contribute to the resiliency of Woonsocket by fostering neighborhood growth and supporting local economic activity. Applications may include efforts for job creation and sustainability, workforce development activities, small business development, neighborhood revitalization, and overall efforts towards livability. The application deadline is December 15, 2020.

The Growing Communities Program awarded funds to local non-profits in Newport in 2019. This year, the focus moves to Woonsocket.

“Through Growing Communities, Citizens supports local organizations that are implementing innovative ideas to strengthen our communities and revitalize our neighborhoods,” said Citizens Rhode Island Market Executive Barbara Cottam. “This initiative has been successful in Providence, Central Falls/Pawtucket, and Newport, and now by bringing it to Woonsocket, we can focus attention and funds on often overlooked neighborhoods and target our efforts where they are needed.”

“We are pleased to continue our partnership with Citizens Charitable Foundation on the Growing Communities initiative. By fostering neighborhood revitalization and economic development activities in a targeted community, we can make a meaningful and visible difference,” said Jeanne Cola, Executive Director of LISC RI. “Woonsocket has many organizations dedicated to improving the lives of their neighbors. We’re looking forward to working with them to provide additional support.”
Growing Communities is designed to promote and invest in neighborhood revitalization based on the existing assets of a community. These investments may support small business, workforce development and job creation and to make an area more livable. The initiative was originally launched by Citizens in Cleveland, Ohio, in 2010.

Projects eligible for the Growing Communities initiative are those that are focused on improving the quality of life for residents in Woonsocket, as well as have clearly articulated goals with demonstrable and measurable outcomes.

Priority consideration may be given to projects that serve low- or moderate-income individuals that strongly impact a community in need, that foster collaboration with clearly defined roles for other partners and that demonstrate a plan for long-term sustainability.

Interested applicants must complete the application and narrative located at http://rilisc.org/citizens-bank-announces-growing-communities-initiative/ with the project/program title Growing Communities.

The deadline for applications is December 15, 2020. For questions about the program or the application process, please contact Liz Klinkenberg at LISC Rhode Island at eklinkenberg @ lisc.org.

About Citizens Charitable Foundation
The Citizens Charitable Foundation is a philanthropic organization funded by Citizens Financial Group, Inc. The Foundation’s mission is centered in the belief that citizenship is at the heart of Citizens’ identity, and when people and communities reach their potential, we all thrive. The Citizens Charitable Foundation currently focuses its giving in three key areas: helping people to manage their money, engaging with partners in the fight against hunger, and strengthening our communities. By investing in these important issues, the Citizens Charitable Foundation strives to improve the lives of our fellow citizens through building partnerships with public, private, and community interests to develop neighborhoods, transform lives, and stimulate economic renewal.

About Local Initiatives Support Corporation (LISC) – LISC Rhode Island is part of the Local Initiatives Support Corporation (LISC), a national nonprofit that equips communities with the capital, program strategy and know-how to become places where people can thrive. Our strategies – investing in real estate, increasing family income & wealth, stimulating economic development, improving access to quality education, and supporting healthy environments and lifestyles – work together to improve the health and well-being of our neighbors. Since 1991, LISC Rhode Island has invested $437 million in neighborhoods across our state, helping to create more than 8,835 affordable homes and support the development of more than 2.5 million square feet of commercial, childcare, educational, and community space. For more information, visit www.rilisc.org.

Press Contact For Citizens Bank: Rory Sheehan
781-655-3931
Rory.P.Sheehan@citizensbank.com

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