BECU Housing Stability Grants
Meet our 2023 award recipients!
BECU Housing Stability Grants
Meet our 2023 award recipients!
The Housing Stability Grant is the BECU Foundation's first grant focused on housing security.
In 2021, the Washington State Legislature passed Section 6 of House 1277, a measure created to address the challenges of affordable housing, housing stability and homeless in Washington State. The BECU Foundation responded by creating a new grant program awarding $100,000 in funding to eight nonprofit organizations focused on preventing homelessness and combatting the hardships that cause a family or individual to lose their permanent housing.
In 2023, the Foundation increased its support to $109,375 for each organization, listed below.
2023 Housing Stability Grant Recipients
Track 1: Foreclosure Prevention
Track 2: Eviction Prevention
Congratulations to these nonprofits that are challenging housing instability in our communities!
For updates on the BECU Foundation Housing Stability Grant, follow BECU on Facebook and Instagram.
About Grants
The goal of the BECU Foundation Grants is to achieve the following:
- Provide access to products and services that protect individuals and households from financial hardship during economic downturns.
- Address inequitable economic systems that create greater financial obstacles for vulnerable communities.
- Reach under-tapped, underbanked, low(er) income and underserved diverse communities including BIPOC (Black, Indigenous, people of color), women, LGBTQIA+, disabled and resident of rural communities in BECU service areas.
The BECU Foundation Housing Stability grant has two tracks:
Track 1: Homeowner Foreclosure Prevention
Nonprofit organizations can submit a grant proposal focused on preventing foreclosure in the following areas:
- Mortgage payment assistance due to loss of income, owing back mortgage.
- Foreclosure prevention and diversion counseling.
- Case management (as part of housing stability).
- Legal services or attorney's fees related to foreclosure proceedings and maintaining housing.
- Specialized services for individuals with disabilities or seniors.
- Fair housing counseling.
Track 2: Renter Eviction Prevention
Nonprofits can submit a grant proposal focused on preventing eviction in the following areas:
- Rent payment assistance due to loss of income, owing back rent.
- Eviction prevention and diversion counseling.
- Mediation between landlords and tenants.
- Case management (as part of housing stability).
- Legal services or attorney's fees related to eviction proceedings and maintaining housing.
- Specialized services for individuals with disabilities or seniors.
- Fair housing counseling.