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Northrim News

August 14, 2013

Northrim Contributions Assist Local Programs Providing Low-Income Housing

At Northrim Bank, taking an active part in the communities we serve is an important part of being a community bank. Improving the economic vitality and quality of life where we do business is in the best interest of our customers, our employees, our company and our industry. Providing financial contributions to qualified programs and projects is one of many ways we do that.

Although there are many worthwhile organizations working in Alaska, we can’t fund them all. Therefore we focus our giving so that we can make meaningful contributions, measure the results and work more closely with the organizations we support. Our focus areas are:

  • Community and economic development
  • Programs to strengthen low income families
  • Higher education through the State of Alaska Education Tax Credit Program

Two recent contributions support our goal of strengthening low-income families by helping local programs provide much needed low-income housing.

Safe Harbor Inn
A contribution of $2,000 was awarded for building improvements to Safe Harbor Inn, whose mission is to provide high quality transitional housing for Alaska’s homeless families and disabled individuals. Guests are referred to Safe Harbor by case managers who work with homeless throughout the state.

While staying at the property, guests are required to continue to work with their case manager to find permanent housing and when they are ready, the program provides them with security deposit funds.

In its nearly 10 years of operation, Safe Harbor has successfully transitioned over 2,500 individuals from homelessness to permanent housing, approximately half of whom were children.

The Arc of Anchorage
Northrim also contributed $2,500 to the final phase of the Arc of Anchorage’s “Five Homes in Five Years” project, which provides housing for Alaskan’s who experience both developmental and physical disabilities, including complex medical conditions and are also considered low income.

The lack of suitable housing for this group was identified as a serious gap in the Municipality’s report on housing and homelessness. Very little of the existing housing in Anchorage is suitable or could be made suitable. Thus, such housing must be new construction – which, because of the limited incomes of this group, would not happen without the participation of government and community partners.

The 67th Avenue House will provide safe, comfortable and attractive housing to a population long relegated to institutional settings or unsuitable housing. The home zoning requirements for single family dwellings and blend in to become part of the neighborhood while offering the following benefits for residents:

  • A full-accessible, one-story residence
  • Wider doorways and hallways for wheelchair access
  • Overhead lifts in bed and the bathrooms
  • Roll-in showers
  • An HVAC system designed to filter out contaminates
  • Round-the-clock staff to provide support

Continuing to Support Our Communities
Each October, we begin the process of developing the next year's contributions budget, based on continuing contributions to organizations we already support, officer recommendations and new requests. Our Contribution Guidelines provide information on what types of requests are accepted and the process to request support. If you have questions about these guidelines contact Jay Blury at 261-3355 or Katie Bender at 261-3302.

Member FDIC Equal Housing Lender

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