F&G Donation Sustains PCHTF Eviction Prevention Program
Des Moines company encourages community and fellow busineses to support renters impacted by COVID-19
A program to keep Polk County residents from being evicted due to the financial impact of COVID-19 received a significant boost in funding just in time for the holiday season. The Polk County Housing Trust Fund (PCHTF) received $100,000 from F&G, a leading provider of annuities and life insurance headquartered in Des Moines. The donation supports an eviction prevention program that started with an investment of $800,000 from the Polk County Board of Supervisors and was quickly depleted as tenants struggled to pay rent. In the first week of November, it became evident that the need was greater than the initial $800,000 investment. This lead the PCHTF Board of Directors to call a special meeting to unanimously approve allocating $150,000 to the program on November 6th, and an additional $150,000 on December 4th.
The program, which is a collaboration between PCHTF, Polk County Continuum of Care and Iowa Legal Aid, meets tenants and landlords at the Polk County Justice Center where eviction hearings are taking place. Leaders from the organizations negotiate with landlords and commit to paying the delinquent rent in return for a dismissal of the eviction. Between September 1 and December 4, 2020, this initiative has successfully stopped 469 evictions, saving 1,177 individuals, including 474 children, from losing their homes. Those rescued from eviction have included residents from Altoona, Ankeny, Des Moines, Grimes, Pleasant Hill, Urbandale, and West Des Moines.
“As funds were quickly running out and over 100 pending cases were scheduled in the final week of November, F&G heard about the immediate need through their community partner, the United Way of Central Iowa, and promptly offered a $100,000 donation,” said Eric Burmeister, Executive Director of the Polk County Housing Trust Fund. “That additional funding has already resulted in payments to landlords and the dismissal of over 50 eviction cases in Polk County. The timely generosity of F&G is going to make a significant difference in many lives.”
“F&G’s mission is to help more and more people turn their aspirations into reality, but we can’t do this if basic human needs such as food and shelter aren’t being met,” said Chris Blunt, President and CEO of F&G. “As a company, we are committed to giving back to our local community to ensure these needs are met. The work that PCHTF does is critical, and I encourage others in the community to get involved as well. Together, our collective impact will provide essential support throughout the holiday season and beyond.”
About the Polk County Housing Trust Fund
The Polk County Housing Trust Fund (PCHTF) is the comprehensive planning, advocacy and funding organization for Affordable Housing in Polk County, Iowa. Founded in 1997, the Trust Fund is responsible for allocating state and local funds aimed at increasing and preserving the inventory of affordable homes in Polk County. This results both in improving the lives of the people who live in them and contributing to the economic vitality of central Iowa. To support the mission of ensuring safe, stable and affordable housing for the residents of our community, visit www.pchtf.org to learn more and consider donating today.
Homelessness prevention is the mission of Polk County of Continuum of Care. If you would like additional information and resources about this work please contact Angie Arthur, email@example.com, 515-282-3233
F&G is part of the FNF family of companies. F&G is committed to helping Americans turn their aspirations into reality. F&G is a leading provider of annuity and life insurance products and is headquartered in Des Moines, Iowa. For more information, please visit www.fglife.com.