Philadelphia 76ers Award $100,000 Housing Grant To Help Sharswood Neighborhood

From Ukee Washington at CBS 3 Philadelphia:

“The Philadelphia 76ers are strengthening their commitment to racial equality. The team has awarded a major housing grant to help one local neighborhood.

On Monday, the 76ers announced they gave a $100,000 grant to Clarifi.

The local housing counseling agency will pour that money into the Sharswood neighborhood to promote homeownership and wealth creation.

The housing grant is designed to complement Sharswood Ridge. The mixed-use, mixed-income development broke ground last fall.

Sharswood is in North Philadelphia. The population is 72% Black. Nearly half the residents live below the poverty line.

The housing grant will fund counseling to help prevent evictions and foreclosures — counseling for those who have no choice but to leave their homes — and fund home repairs, and in some cases, new homes.

The 76ers say the grant is needed now more than ever.”

Read the full article here.