CIT and its Pasadena-based banking subsidiary CIT Bank, N.A. today announced a grant to Urban League of San Diego County (ULSDC) to enhance digital access for underrepresented individuals in San Diego County during COVID-19.
The grant is awarded as part of The Federal Home Loan Bank of San Francisco (FHLBSF)’s 2020 AHEAD Program and is one of 97 grants provided this year by FHLBSF member financial institutions to nonprofits in Arizona, California and Nevada.
The AHEAD grant will support ULSDC in fully transitioning to a remote, virtual-based environment during COVID-19 and beyond to allow the nonprofit to continue to provide classes, meetings, counseling and other program services that assist underrepresented populations in San Diego County to achieve social and economic equality.
“We are extremely honored to be selected as a grant recipient of the 2020 AHEAD Program and are grateful for CIT’s partnership and assistance in securing this grant,” said Ray King, president and CEO, at Urban League San Diego County. “The grant allows us to serve more families and individuals during the pandemic and beyond through an array of programs and services that aim to empower communities by focusing on youth education, family support and employment.”
“CIT is proud to support causes that empower our communities and advocate for organizations making a difference,” said Steve Solk, president, Consumer Banking at CIT. “This grant to Urban League of San Diego County will allow them to continue to deliver crucial assistance programs and support services virtually, advancing digital access for the communities they serve at a time of increased need.”