Truist Foundation awards $7 million for neighborhood revitalization

Truist Foundation awards $7 million for neighborhood revitalization

Atlanta-based Purpose Built Communities has announced a three-year, $7 million grant from the Truist Foundation in support of efforts to advance and improve health outcomes, economic mobility, and racial equity in communities across the United States.

The funding will advance the work of Purpose Built Communities' network of twenty-eight local organizations, which are leading neighborhood-based revitalization efforts in twenty-four cities, with a focus on at-scale investments in housing, education, and health and wellness. The foundation also has committed to becoming the official sponsor of the Racial Equity Ambassadors program, a group of Purpose Built Communities Network leaders working to develop strategies that advance dialogue and action around race, equity, and inclusion, as well as guidance and tools designed to help neighborhood advocates advance racial equity in their communities.

"Building racial, social, and health equity in communities of concentrated poverty is not an unrealistic dream," said Shirley Franklin, executive chair of the Purpose Built Communities board "[I]t's happening in real-time across the Purpose Built Communities network as local leaders and partners are all taking intentional, coordinated, and specific actions."

(Photo credit: Purpose Built Communities)

"The Truist Foundation awards Purpose Built Communities $7 million grant." Purpose Built Communities press release 11/17/2020.