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May 8, 2025   •   News  

$20,000 Grant Open to Nonprofits Supporting Affordable Housing

Folsom, Calif. – (April 25, 2025) – SAFE Credit Union will award a Sacramento-area nonprofit $20,000 to support programs that provide affordable housing or offer life skill resources to help residents thrive. The deadline to apply is Friday, May 9.

The credit union is accepting applications on its website. Nonprofits in the Greater Sacramento region with 501(c)(3) status are eligible to apply.

“Wages have not kept up with rent and housing costs, which leaves many families juggling finances to keep a roof over their head,” says SAFE Credit Union Community Impact Manager Lauren LeBov, pointing out that renters need to earn about $32 an hour to afford the county’s average monthly rent of $1,676. “SAFE wants to help nonprofits working to help people obtain affordable housing as well as those who are helping residents learn financial and workplace skills to get to the next level on their financial journeys.”

According to the California Legislative Analyst’s Office, rents in Sacramento County have increased nearly 30% since 2020.

LeBov says SAFE chose affordable housing as one of its philanthropic pillars because it helps families thrive while also helping build a vibrant and healthy local economy.


Lauren LeBov  photo
Community Impact Manager Lauren LeBov


SAFE awards four grants a year to nonprofits with programs aligning with the credit union’s philanthropic pillars of financial education, workforce development, affordable housing, and youth education. The effort is part of SAFE’s overall commitment to support communities through direct giving, scholarships, and supporting community partners.

For more information or to interview SAFE Credit Union Community Impact Manager Lauren LeBov email [email protected].

 

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