U.S. Bank Community Possible Grants Support Affordable Housing and Community Development
A secure and affordable home is key to helping children, families, and communities flourish. That's why the U.S. Bank Community Possible program backs nonprofit organizations dedicated to fostering stable and healthy living environments, as part of its comprehensive giving and employee engagement initiative.
Recently, the U.S. Bank Foundation awarded over $9 million in Community Possible grants to more than 400 nonprofit organizations. These grants support groups focused on providing opportunities for individuals to work, live, and thrive. In addition to financial aid, many of these nonprofits also invite U.S. Bank employees to volunteer in their local communities.
In Davenport, Iowa, Kelly McCarthy, a Business Card Consultant at U.S. Bank, shares her expertise with Humility Homes & Services, Inc. (HHSI) as a board member. Initially serving on the finance committee, she later transitioned to the capital campaign committee. HHSI serves people facing housing instability in the Quad Cities area, offering programs such as rapid rehousing, eviction prevention, and affordable rental housing assistance.
“I was deeply moved when I learned about the work Humility Homes & Services does and the people they serve. I felt compelled and connected to their mission,” said McCarthy, who also joins local U.S. Bank employees in volunteering at the organization’s Corner Closet Donation Center, which provides clothing and household goods to HHSI participants.
HHSI manages over 130 rental units for its clients, including seniors, veterans, and individuals with disabilities. A Community Possible grant helps the organization conduct home energy audits and maintain properties, including installing ramps for wheelchair users. One tenant recently expressed gratitude for a newly installed ramp: "Since I’ve been in my chair, I’ve been mostly confined to the house. Without help getting off the porch, it’s hard to do anything. This ramp gives me the freedom to do things for myself—it’s like getting my life back."
Ashley Velez, HHSI President and CEO, said, “The impact U.S. Bank and the U.S. Bank Foundation have on our affordable housing residents goes beyond financial support—it’s about the peace of mind they have knowing they have a safe, well-maintained place to call home. We couldn’t create a sense of community, safety, and belonging without the help of our community and business partners. We are also honored to have Kelly as a member of our board and appreciate her leadership and vision."
The Housing Fund (THF) in Nashville, Tennessee, is another organization focused on improving access to affordable housing. As a community development financial institution (CDFI), THF provides capital, loans, and customized services to support low- to moderate-income neighborhoods.
“The Housing Fund’s mission aligns with our focus on economic development, wealth-building, and the availability of safe, affordable housing,” said Jeff Mills, U.S. Bank community affairs manager and THF advisory board member.
With Nashville's growing population, rising property values, and increasing taxes, it has become harder for low-income families to stay in their homes. THF addresses these challenges by funding home rehabilitation projects that improve safety, energy efficiency, and accessibility. Along with financial assistance, THF offers homeowners educational sessions on financial and estate planning to ensure long-term stability and wealth creation. Supported by a Community Possible grant, THF helps clients manage legal costs for essential tasks like drafting wills or trusts, purchasing life insurance, and building emergency funds.
Marshall Crawford, THF President and CEO, said, “Our goal is to ensure everyone, regardless of income, has access to a safe, sustainable, and affordable home. By combining financial assistance with estate and financial planning resources, we’re helping homeowners protect their legacy and contribute to stronger neighborhoods.”
In 2024, the U.S. Bank Foundation granted over $47 million, which includes funding through the Community Possible program and the U.S. Bank Foundation Opportunity Fund.
The U.S. Bank Foundation is a tax-exempt private foundation under section 501(c)(3) of the Internal Revenue Code. It is primarily funded through contributions from U.S. Bank National Association and its affiliates. Its mission is to bridge the gaps between people and opportunity in the areas of work, home, and play. The Opportunity Fund is a financial commitment from the U.S. Bank Foundation, distinct from a traditional equity fund or ownership model.
Recently, the U.S. Bank Foundation awarded over $9 million in Community Possible grants to more than 400 nonprofit organizations. These grants support groups focused on providing opportunities for individuals to work, live, and thrive. In addition to financial aid, many of these nonprofits also invite U.S. Bank employees to volunteer in their local communities.
In Davenport, Iowa, Kelly McCarthy, a Business Card Consultant at U.S. Bank, shares her expertise with Humility Homes & Services, Inc. (HHSI) as a board member. Initially serving on the finance committee, she later transitioned to the capital campaign committee. HHSI serves people facing housing instability in the Quad Cities area, offering programs such as rapid rehousing, eviction prevention, and affordable rental housing assistance.
“I was deeply moved when I learned about the work Humility Homes & Services does and the people they serve. I felt compelled and connected to their mission,” said McCarthy, who also joins local U.S. Bank employees in volunteering at the organization’s Corner Closet Donation Center, which provides clothing and household goods to HHSI participants.
HHSI manages over 130 rental units for its clients, including seniors, veterans, and individuals with disabilities. A Community Possible grant helps the organization conduct home energy audits and maintain properties, including installing ramps for wheelchair users. One tenant recently expressed gratitude for a newly installed ramp: "Since I’ve been in my chair, I’ve been mostly confined to the house. Without help getting off the porch, it’s hard to do anything. This ramp gives me the freedom to do things for myself—it’s like getting my life back."
Ashley Velez, HHSI President and CEO, said, “The impact U.S. Bank and the U.S. Bank Foundation have on our affordable housing residents goes beyond financial support—it’s about the peace of mind they have knowing they have a safe, well-maintained place to call home. We couldn’t create a sense of community, safety, and belonging without the help of our community and business partners. We are also honored to have Kelly as a member of our board and appreciate her leadership and vision."
The Housing Fund (THF) in Nashville, Tennessee, is another organization focused on improving access to affordable housing. As a community development financial institution (CDFI), THF provides capital, loans, and customized services to support low- to moderate-income neighborhoods.
“The Housing Fund’s mission aligns with our focus on economic development, wealth-building, and the availability of safe, affordable housing,” said Jeff Mills, U.S. Bank community affairs manager and THF advisory board member.
With Nashville's growing population, rising property values, and increasing taxes, it has become harder for low-income families to stay in their homes. THF addresses these challenges by funding home rehabilitation projects that improve safety, energy efficiency, and accessibility. Along with financial assistance, THF offers homeowners educational sessions on financial and estate planning to ensure long-term stability and wealth creation. Supported by a Community Possible grant, THF helps clients manage legal costs for essential tasks like drafting wills or trusts, purchasing life insurance, and building emergency funds.
Marshall Crawford, THF President and CEO, said, “Our goal is to ensure everyone, regardless of income, has access to a safe, sustainable, and affordable home. By combining financial assistance with estate and financial planning resources, we’re helping homeowners protect their legacy and contribute to stronger neighborhoods.”
In 2024, the U.S. Bank Foundation granted over $47 million, which includes funding through the Community Possible program and the U.S. Bank Foundation Opportunity Fund.
The U.S. Bank Foundation is a tax-exempt private foundation under section 501(c)(3) of the Internal Revenue Code. It is primarily funded through contributions from U.S. Bank National Association and its affiliates. Its mission is to bridge the gaps between people and opportunity in the areas of work, home, and play. The Opportunity Fund is a financial commitment from the U.S. Bank Foundation, distinct from a traditional equity fund or ownership model.
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