Nonprofit has now seen 15,000 mortgage and rental assistance grants deployed
The MBA Opens Doors Foundation has reached a significant milestone in its mortgage and rental payment assistance programs.
Since the launch of its Home Grant Program in 2012, Open Doors said it has provided financial assistance to more than 15,000 families grants to families with critically ill or injured children in treatment at one of the Foundation's 13 network hospitals.
Through the program, the Foundation provides housing assistance grants of up to $2,000 a month. Open Doors chairwoman Debra Still described the 15,000 milestone as an "extraordinary feat."
"I've been fortunate to be the Chairman of the Opens Doors Board since 2013, helping to grow this amazing organization from a simple idea into a vital source of support for families across the country," Still said in a press release. "I am very grateful for the overwhelming generosity of MBA member companies and the thousands of individuals working in the real estate finance community for the kindness they demonstrate year after year."
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Last week, Freedom Mortgage and Radian Group extended their support for the program, committing $1.1 million to the Open Doors Foundation.
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"To know that you've made a difference for one family is an incredible feeling. Knowing you've made a difference for more than 15,000 families is an overwhelming feeling," said Opens Doors president Deborah Dubois. "Without annual support from the industry, in good times and in challenging times, our work would go unfinished. The good people and companies of the real estate finance industry are the reason we can do the work we do, and I am deeply thankful for their support."
Established in 2011, Open Doors has granted over $23 million in housing assistance to families from all 50 states, Guam, and the District of Columbia.
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