Sandhurst Community Capital Donates $15,000 to CARH Scholarship Fund

By Reeves Simmons.
Updated Jun 14, 2023

CLEARWATER, Fla. (PRWEB) June 14, 2023 - Sandhurst Community Capital, a non-profit strategic partner of Churchill Stateside Group, is pleased to announce a donation of $15,000 to the 2023 CARH Scholarship Fund.

Sandhurst Community Capital's mission is to promote affordable housing for the tenants living in multifamily properties. The Council for Affordable and Rural Housing (CARH) is a national non-profit trade organization serving the rural housing industry across the United States. The CARH Scholarship Foundation provides college scholarships to exceptional students who reside in CARH-member properties.

Alex Holverson, Midwest Regional Director for Churchill Stateside Group, and CARH Board Member, was pleased to make the announcement of Sandhurst Community Capital's donation at the CARH Mid-Year Meeting in January of this year.

'We are proud to support the CARH Scholarship Fund and the important work they are doing to help students achieve their dreams of higher education, said Holverson. 'We believe that everyone deserves the opportunity to pursue their dreams, regardless of their financial circumstances. This scholarship fund will help make that possible for many deserving students.'

Keith Gloeckl, CEO of Churchill Stateside Group, and Chairman of Sandhurst Community Capital said, The CARH Scholarship program is a wonderful program to assist affordable housing tenants with their goals of attending college. We want to extend our appreciation to Sandhurst Community Capital and their Board of Directors for making possible the financial gift to the CARH Scholarship Fund.

Colleen M. Fisher, Executive Director, and Secretary, CARH Scholarship Foundation, added, On behalf of the CARH Scholarship Foundation, I would like to thank Sandhurst Community Capital, a non-profit strategic partner of Churchill Stateside Group for its generous contribution to the foundation. This contribution will be used to help fund the scholarships that will be given in 2023. We greatly appreciate Sandhurst Community Capital and Churchill Stateside Groups support of CARHs foundation and scholarship recipients. It is through the generosity of contributors that the foundation can fulfill its mission of providing scholarships for residents of CARH member properties for college, vocational education and beginning in 2023 graduate degrees.

The CARH Scholarship Foundation was established in 2005 and has awarded over $400,000 in scholarships since inception. The foundation has awarded scholarships to 68 residents of CARH-member properties, helping 42 students reach their dreams of graduating college or obtaining associate/vocational education degrees as of December 31, 2022.

About Sandhurst Community Capital Sandhurst Community Capital is a non-profit affiliate of Churchill Stateside Group that provides financial assistance to affordable housing projects. The organization's mission is to promote affordable housing for the tenants living in multifamily properties.

About Churchill Stateside Group Churchill Stateside Group (CSG) and its wholly owned affiliates serve the affordable housing and commercial renewable energy industries. CSG sponsors tax credit equity investment funds for institutional investors and provides a variety of construction, permanent, and bond Financing solutions. With over $5 Billion of assets under management, CSG has long-standing and successful investment relationships with numerous corporate investors. The company's investor and developer clients benefit from our experienced staff, prominent and proactive senior leadership. and attractive debt and equity platforms. The company, through its subsidiary Churchill Mortgage Investment LLC, is an approved USDA Rural Development and HUD/FHA MAP and LEAN lender and Ginnie Mae Issuer.

For more information, please visit http://www.CSGfirst.com.