Friday, December 4, 2015
Deutsche Bank Gives USD 1 Million to Address Homelessness in New York City
The Deutsche Bank Americas Foundation today announced it has selected four New York City organizations that support four distinct homeless populations – veterans, domestic violence survivors, LGBTQ youth, and formerly incarcerated individuals and their families – as grantees for its initiative to address homelessness in the five boroughs.
More than 57,000 people were sleeping in New York City shelters nightly in October 2015, with more than 40% of them children, according to the Department of Homeless Services. The combined USD 1 million in resources will allow the four organizations to provide immediate relief through new or expanded services and to develop a longer-term strategy to end homelessness for these target populations. . .