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Interfaith Housing Alliance gets money from local bank

February 09, 2007

Susquehanna Bank recently made a $5,000 donation to Interfaith Housing Alliance Inc. in support of its mission to provide affordable housing.

As part of a partnership with federal and local governments, the funds will be used to help in the administrative and program costs of developing and building residential homes for low-income families through the Self-Help Housing Programs that are utilized by the alliance.

"There is a shortage of affordable housing in the Western Maryland region. There's a real and immediate need for homes and apartment units. Some area residents simply cannot afford to live in the same community in which they work. Interfaith Housing is a true community builder and we're thrilled to make this donation to help meet affordable housing needs in our neighborhoods," said James G. Piern, chairman, president and CEO of Susquehanna Bank.

"Interfaith Housing is exceptionally grateful for Susquehanna Bank's generous contribution and hopes that other local companies follow suit. Providing low-income households with adequate, affordable and accessible housing opportunities is essential for the long-term health of our community," said James Upchurch, executive director of Interfaith Housing Alliance Inc.

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Interfaith Housing Alliance, which has been developing projects to serve low- to moderate-income residents in Western Maryland since 1992, is preparing a "sweat equity" self-help homeownership development in Cascade that offers 10 home sites.

For information, call 301-662-4225 or 717-749-5122.

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