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Some of that impact has yet to be settled, said Peter Skillern, executive director of Reinvestment Partners in North Carolina, according to American Banker.
Skillern said TD has been largely absent from discussions about housing and community development, but First Horizon has been actively engaged.
“Whose bank culture will prevail?” Skillern asked. “What will the bank culture do as far as valuation of diversity? What is the diversity commitment at the local level, not just in the aggregate?”
Residents hope a pair of affordable housing developments in Bragtown will help slow the exodus of Black families.
The historic Harriet Tubman YWCA building in Durham has been closed for years, but soon renovation will begin as it will be turned into affordable housing.
The nonprofit group, Reinvestment Partners, purchased the property and will be turning the historic building into 15 affordable studio apartments.
Durham community members met with elected officials on Monday to accept $1 million in community project funding toward renovating the Harriet Tubman YWCA into affordable housing.
"This is support that rewards initiative, and that rewards partnership and that rewards those that get their act together and decide what they're going to do in the community and get it done and that's the spirit here," Price said.
The North Carolina Department of Health and Human Services today announced a major milestone in its innovative Healthy Opportunities Pilot program with 10 people who are members of managed care successfully receiving a food service delivered through NC Medicaid Managed Care.
The first referral for service was sent by Mission Health Partners on behalf of an NC Medicaid Managed Care member in Transylvania County to Reinvestment Partners, a statewide nonprofit organization. Reinvestment Partners provided the beneficiary family with food vouchers for fruits and vegetables.
Researchers at the University of North Carolina at Chapel Hill studied the effects of SuperSNAP, which is run in North Carolina through Reinvestment Partners of Durham, NC, to see if the additional funds translated into purchases of more healthful foods, setting the stage for better health outcomes.
Published in JAMA Network Open, the study found that in the first eight months of the program, SuperSNAP participants not only bought more healthy foods with the extra $40, but they also markedly increased their total purchase of healthier foods with SNAP benefits.
In this cohort study of 667 SuperSNAP participants and 33 246 SNAP beneficiaries not enrolled in SuperSNAP, participation in SuperSNAP was associated with a significant increase in purchases of fruits and vegetables of $31.84 per month.
Harriet’s Place in Durham, sponsored by Reinvestment Partners, is the renovation of the Harriet Tubman YWCA for formerly homeless people or people with special needs and will create 15 apartments close to services, shopping and employment centers.
"One patient summed it up best: 'When it comes to SNAP, you can eat #healthy or you can eat more than once.'
Here in Durham, we as health care providers can luckily offer something to help. Bull City Bucks was a pilot Produce Prescription Program [of Reinvestment Partners] that gives patients experiencing food insecurity $40 each month to spend on fruits and vegetables..."