News Release 12/ 22/ 2020

NorthMarq’s San Antonio office provides Community Housing Resource Partners with 2020 Community Involvement Grant

MINNEAPOLIS, MINNESOTA (December 22, 2020) — Community Housing Resource Partners has received a 2020 Community Involvement Grant from NorthMarq’s San Antonio office. The organization is dedicated to creating quality affordable housing where built-in social services empower low-income residents to reach independence and stability.

Founded by the Rev. Jerry Kalb in 1992, the organization began as a community effort to revitalize a residential property in the heart of Painesville, Ohio. In the 25 years since its founding, the organization has extended its outreach to San Antonio (the first property built in 2007) and Arizona (first property built in 2014) and recently celebrated its 25th anniversary in 2018.

“CHR Partners is one of the preeminent non-profit housing organizations in the city of San Antonio. As a borrower of Fannie Mae, Freddie Mac and FHA/HUD, the organization partners with many of our clients, and fits perfectly with the NorthMarq’s diversity initiatives and mission,” said Bryan Leonard, managing director – debt & equity.

“Many of our families have really struggled this year during the pandemic, and this donation will go a long way in helping us provide for their basic needs,” said Executive Director Constance Cooper.

In the third year of NorthMarq’s Community Involvement Grant program, the company has awarded grants to 18 non-profits in 16 cities. The program solicits nominations from each local office, and had an increase of 20 percent from 2019, with a total of 18 non-profits focused on affordable housing and reducing homelessness receiving these grants in 2020. NorthMarq’s 2020 grant to New Hope Housing represents its third award under the Community Involvement Grant program.