First Reliance Bank is offering $100,000 in affordable housing grants to eligible teachers and educators who work for Florence One Schools. Up to 13 $7,500 awards will granted during the program time frame through the Hometown Heroes program to assist in the revitalization and stabilization of local communities with a primary focus on encouraging home purchases by teachers.
“First Reliance Bank has access to funds for the Hometown Heroes program through grants from the Federal Home Loan Bank of Atlanta’s Affordable Housing Program,” said Rick Saunders, president and CEO of First Reliance Bank. “Teachers are the fabric of our community and contribute to the education of our future leaders. We think it’s important for our community bank to provide support and help educators with home ownership.”
“This partnership allows us to attract and recruit new teachers to Florence One Schools. We’re excited to be able to offer these grant proceeds ...