Lee Bank Foundation Distributes Final Grant Funding Round of 2023

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LEE, Mass. — Lee Bank Foundation has awarded $46,300 to ten Berkshire area organizations for their final-round of 2023 community funding. Recipients were awarded grants ranging from $1,000 to $7,500 to support their local programming.
 
The following organizations received funding from Lee Bank Foundation:
  • 18 Degrees
  • Barrington Stage Company
  • Berkshire Agricultural Ventures
  • Berkshire Community Action Council
  • Berkshire Grown
  • Berkshire Immigrant Center
  • Berkshire Innovation Center
  • Construct
  • EforAll
  • WAM Theatre
The deadline to apply for the first round of 2024 Foundation funding is March 1st. The application and more information can be found on the Community Impact section of Lee Bank's website (https://www.leebank.com/community-impact/donations-sponsorships.html)
 
To be considered for grant awards, applicants must be a (501)(c)(3) nonprofit organization. The Foundation is focused on funding programs that work to bridge income and opportunity gaps in our region. Funding requests should reflect one or more of Lee Bank Foundation’s primary focus areas:
  • Education and literacy
  • Food security and nutrition
  • Economic growth and development
  • Health and human services
  • Mentorship, internship and "school to work" initiatives
Applicants are only eligible to receive grant funding once in a 12-month period.
 
Lee Bank Foundation was established in 2021 to support Lee Bank’s long-standing mission of community reinvestment. In its third year, 2023, the Lee Bank Foundation contributed a total of $171,800 in grants into the community. Since its 2021 inception, the Foundation has distributed 129 grants totaling $650,330.

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Ribbon Cut on Lee's Long-Awaited Housing Development

By Brittany PolitoiBerkshires Staff

LEE, Mass.— After more than a decade of work, tenants will move into the Eagle Mill Lofts this fall. 

On Tuesday, Hearthway and Rees-Larkin Development held a ribbon-cutting for the first 56 apartments in the former paper mill.  Sitting on the banks of the Housatonic River, this development offers one- to three-bedroom, mixed-income units in the heart of the downtown. 

Lead Developer Jeffrey Cohen said the apartments are "unbelievable."  The building's original brick is celebrated in the units, which feature different layouts and are contrasted with modern appliances and features. 

"I saw the apartments when they first got done, and I couldn't understand really how they look so good," he said during a ceremony in the foyer. 

"And I think that is so good for the town of Lee, for affordable housing in general." 

This project has been ongoing since 2012.  Individuals and families will begin to move in next month.  This is the first phase; another 44 apartments will be built onsite. 

President and CEO of Hearthway Eileen Peltier said projects like the Eagle Mill are important to addressing the need for housing at varied income levels.  These units will house families of varied incomes, with rent-assisted units for people making 30 percent of the area median income, and affordable units for those in the 60-80 percent AMI. 

Rents under these guidelines range from $1,360 for a one-bedroom to $2,100 for a three-bedroom. 

"What that means is that people with varied life resumes will be living here in this beautiful community," Peltier said. 

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