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This family found hope in Dallas - Happy Valentines Day!
Center for Nonprofit Management

February, 2011

Michael and Priscilla have always worked hard to provide the best for their children.  So when tough economic conditions forced them out of their home and left them jobless, their world turned upside-down.  Fortunately, Michael, Priscilla and their four boys, David, Donald, Joshua and Skyler have found hope and help at the Arlington Life Shelter (ALS).  A long-time member of the Center for Nonprofit Management, the Arlington Life Shelter provides an emergency shelter, transitional housing and employment services for homeless men, women and children.  

Thanks to the ALS, Michael, Priscilla and their family received warm beds, hot meals and so much more. The couple has found steady jobs, and Michael has even gone back to school. He says the boys are earning better grades in school than ever before. And most importantly, the family has been able to stay together.  And now they’re in a home of their own, thanks to the shelter’s transitional housing program.

Michael credits his family’s success story to the Arlington Life Shelter and their housing program, but success like this may not have been possible without a loan provided by the Center for Nonprofit Management.

In a time when cash was difficult to come by, the Arlington Life Shelter turned to the Center for Nonprofit Management for a critical loan from the American Recovery and Reinvestment Act (ARRA) Loan Fund.  The ARRA Loan Fund makes working capital loans to nonprofit organizations receiving federal grants under the American Recovery and Reinvestment Act (ARRA). 

ALS received stimulus funding under the ARRA for their Rapid Rehousing program, however due to the reimbursement nature of the funding, it was unable to implement the programming without the up-front cash.  The loan from the ARRA Loan Fund provided operating capital to bridge the gap to put toward housing until reimbursements from the government stimulus funds were received.

“In order to house people immediately, we must be able to pay for rent, deposits, utilities and more, but it was taking 3-6 months to be reimbursed by the government, leaving us cash poor,”  said Becky Orander, Executive Director of the Arlington Life Shelter.   “ALS would not have been able to run the Rapid Rehousing program if we didn’t have the ARRA loan funds available.  Because cash flow is always a problem for agencies of our size, without the loan we would have had to stop bringing people in until others left. With the loan funding, we have the ability to meet the need of the clients and bring more people into the program.”

 

Not only did the loan allow them to continue operating the housing program, it prevented the need to make cuts to other programs and allowed the organization to continue operating at a high capacity.

 “You can look at the whole big picture for the agency,” said Orander.  “If we had not had the assistance, we would have had to pull money away from other services, pull away from employment services, cut back on up-keep of the shelter.  Without the help to get through the cash flow issue, it would have impacted everything the agency does.  So, without the help, we would not be able to provide the program and the people who so need our help would not have been served.”

In 2010, loans from the ARRA Loan Fund were made by the Center for Nonprofit Management to four local organizations totaling $370,000.  An additional $420,000 is available for nonprofit loans and the Center for Nonprofit Management is currently accepting loan applications. 

Specifics include:

  • Organizations must have 501(c)(3) status and be incorporated in the State of Texas.
  •  Organizations must have a contract funded under either the American Recovery and Reinvestment Act (ARRA) or Housing and Economic Recovery Act (HERA) stimulus plans.
  • Loans amounts will be based on program needs but are capped at $150,000.
  • Loan terms will vary and are repayable in full upon receipt of the grant.

Nonprofits are invited to apply.  Before submitting a formal application, nonprofits are asked to complete a Pre-Qualification Scan at http://www.cnmdallas.org/prequalification_scan.asp.  For more information on the ARRA Loan Fund, contact Ryan Smith at Smith@cnmdallas.org or 214-826-3470, ext. 248.

The mission of the Center for Nonprofit Management is to build a stronger community by increasing the performance and impact of nonprofit organizations.  Visit www.cnmdallas.org for more information.



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