Home Ownership Gets Boost From FCA

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The Dream of Home Ownership Gets Boost From FCA $1.8Million Grant.

“Home ownership has always been a part of the ‘American Dream’,” Mark Stewart, Chief Operating Officer, FCA North America, said. “We want to help our neighbors keep their dreams alive by providing them with an opportunity to invest in their homes.” 

Port Jefferson Station Chrysler Jeep Dodge Ram is proud to be a member of the FCA family and proud to help further the American dream of home ownership, whether it is in Detroit or here on Long Island. Home owners from Stony Brook to Centereach, Nesconset to Lake Grove also dream of owning a vehicle that is just right for their family or business needs.

The initial phase of the grant program kicked off in mid-August with homeowners on Beniteau Street (between Kercheval Avenue and Warren Avenue). A HRD inspector is working with homeowners to determine which repairs are a priority and is bidding work out to a list of pre-qualified contractors. It is anticipated that owner-occupied homes in the neighborhood surrounding FCA’s new assembly plant will have the opportunity to apply to receive a home repair grant this spring. Details on this process will be made available through HRD.

In a departure from similar programs, the FCA-funded home repair program is tailored to the needs of individual homeowners and, most importantly, homeowners are not required to repay the (non-cash) grants.

Following weeks of public meetings with residents in the neighborhoods around the Mack plant, FCA and the City of Detroit committed to a Community Benefits Agreement, which provides more than $35 million in support for neighborhood improvements, housing, workforce development, education and training programs, and environmental initiatives. This commitment is above and beyond FCA’s $2.5 billion investment in the new assembly plant and creation of 4,950 new jobs, which will support production of an all-new three-row, full-size Jeep® SUV and next-generation Jeep Grand Cherokee, as well as plug-in hybrid versions with the flexibility to build fully battery-electric models in the future.

FCA US LLC is a North American automaker based in Auburn Hills, Michigan. It designs, manufactures, and sells or distributes vehicles under the Chrysler, Dodge, Jeep®, Ram, FIAT and Alfa Romeo brands, as well as the SRT performance designation. The Company also distributes Mopar and Alfa Romeo parts and accessories. FCA US is building upon the historic foundations of Chrysler Corp., established in 1925 by industry visionary Walter P. Chrysler and Fabbrica Italiana Automobili Torino (F.I.A.T.), founded in Italy in 1899 by pioneering entrepreneurs, including Giovanni Agnelli. FCA US is a member of the Fiat Chrysler Automobiles N.V. (FCA) family of companies. (NYSE: FCAU/ MTA: FCA).  
Categories: Community Events, People, News, FCA
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