Fountain House and Strada Secure a $1,000,000 PRI & Grant from Trinity Church Wall Street
Strada is working with Fountain House, a national nonprofit organization fighting for the dignity and dreams of people living with serious mental illness (SMI). Fountain House is working with Strada Ventures LLC and Alembic Community Development to build a second Clubhouse, where people living with SMIs are part of a community that provides a holistic approach to recovery that counters isolation as well as psychosocial needs such as employment, housing and skill development.
Building upon Fountain House's strong relationship with Trinity Church Wall Street (Trinity), Strada and Fountain House secured a million-dollar Project-Related Investment (PRI) and Grant from Trinity. These funds will allow Fountain House to work in earnest to secure a construction loan and other sources of funds.