SNF Awards $ 6.2 Million Grant for Greek Social Housing Program

The Stavros Niarchos Foundation has announced a €5.7million ($6.2 million) grant to Greek nonprofit PRAKSIS in support of its Social Housing program.

Part of the foundation's Initiative Against the Greek Crisis, the two-year grant will support the organization's efforts to support families in Attica and Thessaloniki living in conditions of poverty or financial uncertainty as a result of the continuing economic crisis in Greece. Since 2012, the program has provided economic, food, medical, and psychosocial assistance to more than twenty-five hundred families. Through the program, social workers, employment specialists, and financial literacy experts also work with each family to develop a targeted and goal-based strategy that helps them escape poverty in a sustainable way.

According to the foundation, most of the families that have participated in the program since 2012 have secured employment and reduced or eliminated their debts. The new grant is expected to provide support to an additional two thousand unemployed families in both Attica and Thessaloniki.

"SNF Extends a New Grant to PRAKSIS, in Support of the Social Housing Program." Stavros Niarchos Foundation Press Release 12/03/2015.