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Monroe-Union County Community Development Corporation

Monroe Union County Community Development Corporation is a nonprofit that has provided one AFI grant since 2008, with the objective of instituting an IDA program to promote homeownership.

The corporation emphasizes homeownership, with the goal of assisting low- to moderate-income families in bettering their quality of life, primarily by purchasing affordable housing. This grantee has been successful in achieving home purchases.

Partners

Monroe Union County Community Development Corporation partners with United Way Housing Research Team, Union County Housing Task Force, Social Service Success Program, Union County Chamber of Commerce, and city of Monroe Community Development Committee to provide support for the projects goals.

Assets for Independence Grant History

Name	Amount	Start Date	End Date
90EI0518	$72,000	4/15/2008	4/14/2013

Project Title

Monroe-Union County Assets for Independence Demonstration Program

Highlights/Outcomes

52 IDAs have been opened.

52 participants have received financial education.

$46,658 saved by participants.

20 participants have purchased an asset.

Total AFI Funding

Total AFI Grant Funding: $72,000
Total Non-Federal Support: $72,000

Focus Population

Monroe Union County Community Development Corporation targets eligible families with income within 80% of the area median income that reside in the city of Monroe and in Union County, NC.

Contact

Monroe-Union County Community Development Corporation
PO Box 887 349 East Franklin Street
Monroe, NC 28111
(704) 283-8804
http://www.muccdc.org