Two nonprofits in Dallas will each receive $250,000 in grant funding from Capital One to help communities recover from the impact of COVID-19.
Underserved communities were hit especially hard over the past year and a half, Capital One said. The funding will help Merit America and Year Up address critical community needs in the region.
Merit America will expand an initiative called “Unlocking $1.7 Million in Wage Grants” to address post-pandemic workforce needs. The nonprofit, which has local operations, is a national organization that helps provide a faster path to skilled tech careers for “Americans who can’t yet compete for these roles.”
Year Up will offer “Mitigating Barriers to Ensure Access & Opportunity” for its students in partnership with Lyft focused on addressing transportation barriers for internships. Founded in 2000 in Boston, the nonprofit opened a campus at Dallas College El Centro in 2016. It offers a job-training program with a nationwide network that works to close the “opportunity divide.”
The Capital One grants are part of a $3.5 million commitment to 12 nonprofit organizations that have pivoted existing programs to address critical community needs in financial well-being, workforce development, housing, and small business support because of the pandemic and long-standing issues caused by racial inequity.
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