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High Yield CRA Credit Program

The mission of the Senior Housing Crime Prevention Foundation (SHCPF) is to provide safe and secure living environments for our nationís senior housing residents, HUD communities and Veterans homes through the administration of the nationally-acclaimed Senior Crimestoppers program.  Funded exclusively by the banking industry, the Foundation enables banks to earn Community Reinvestment Act credit through the sponsorship of the Senior Crimestoppers program in low and moderate income senior housing facilities in each bankís CRA assessment area.  Funding for the Senior Crimestoppers program is provided in the form of community development loans, CRA-qualified investments, and recently, in the form of CRA-qualified grants. 


The Foundationís process for funding traditional loans and investments has not changed but in response to requests from the banking industry, the Foundation has developed a new grant funding option that allows banks of all sizes and charter types to provide the nationally-acclaimed Senior Crimestoppers program with less of a financial commitment for a shorter term.  By becoming a partner in the Foundation through any of the available funding options, a bank can fund the Senior Crimestoppers program, earn valuable CRA credit, and gain positive public relations in its community for protecting vulnerable senior housing residents.  Senior Crimestoppers is a multi-faceted program that protects the elderly from theft, abuse and financial exploitation, and is administered by the Foundation who is endorsed by the ICBA, the ABA, and bankers associations in 38 states.  


For more information, visit www.SHCPFoundation.org or contact Sue Shaffer at 901.529.4787. You may also contact contact GBA's Bogan Brannen at 404.420.2014.

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