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Gate City Bank Donates $1.5 Million to YWCA for Supportive Housing

Everyone deserves a place to feel safe, a place to feel loved – a place to call home.

That’s why, in 2017, Gate City Bank pledged $1.5 million toward YWCA Cass Clay’s Grace Garden expansion, a 30-unit women’s supportive housing initiative that opened in 2019, promoting an environment of safety, stability and community for women and children who have experienced domestic abuse and poverty.

Gate City Bank has been a longtime supporter of YWCA Cass Clay, helping the nonprofit build an economic enrichment wing in 2015 and transitional housing in 2010. The Bank’s latest donation of $1.5 million was the largest in YWCA’s history.

“Gate City Bank believes in creating a better way of life for those who help shape our communities,” says Amanda Torok, Senior Vice President of Culture. “Mothers and their children definitely fit that description, and we’re so thankful to be able to provide the resources needed to help YWCA Cass Clay with this project.”

The Bank’s donation toward the more than $7 million project helped cover startup costs, as well as Grace Garden’s supportive service program expenses from 2019 to 2029. This funding brings essential onsite advocacy and guidance to women as they overcome barriers to employment, health, education, transportation and other situations that might otherwise lead to repeat hardship.

Individuals in these difficult circumstances have often also experienced trouble escaping debt, securing child care, saving up money for an apartment deposit and getting to a living wage, among other things. Recovering from all this can take years.

“Finding a home after devastating poverty or abuse is nearly impossible. When coupled with poor credit, low-income jobs, chronic homelessness and limited education, few options are available,” says Erin Prochnow, CEO of YWCA Cass Clay. “Gate City Bank’s generosity is helping YWCA get more women and children into safe, affordable housing more quickly, helping to provide much-needed services.”

For more information, please visit YWCACassClay.org.

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