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Olneyville Housing Corporation named Champion in Action in Rhode Island in the affordable housing category

Nonprofit agency receives unrestricted $25,000 grant, PR and volunteer support

Providence, R.I.          (April 23, 2009) - Citizens Bank, Rhode Island and NBC10 today named Olneyville Housing Corporation in Providence as their 2009 second quarter Champion in Action® in the affordable housing category. As part of the award, Olneyville Housing Corporation will receive a $25,000 grant, media coverage and extensive promotional and volunteer support for its outstanding work.

Olneyville Housing Corporation (OHC) is dedicated to promoting the revitalization of one of Providence’s oldest neighborhoods. Founded in 1988, OHC presently offers 65 rental and 14 home ownership units in the Olneyville area.

“Citizens Bank is pleased to name Olneyville Housing Corporation as the newest Champion in Action in the affordable housing category,” said Joseph J. MarcAurele, President, Citizens Bank, Rhode Island. “OHC takes a holistic approach to community building through economic development, individual wealth building, and resident engagement to build a strong viable neighborhood.”

“NBC10 is proud to honor the exceptional work of the OHC.  This organization transforms families and helps build a better Olneyville,” said Lisa Churchville, President and General Manager of NBC10.

Champions in Action is a joint initiative of Citizens Bank and NBC10, launched seven years ago, to recognize and support nonprofit organizations for their contributions to Rhode Island communities. A new Champion in Action is selected each quarter among a range of social service topics.

Prior Rhode Island Champions in Action to date include: Bayside Family Healthcare in North Kingstown, the House of Hope in Warwick, The Providence Black Repertory Company in Providence, the Woonsocket Neighborhood Development Corporation in Woonsocket, McAuley House in Providence, TechACCESS in Warwick, Sojourner House in Providence, Pawtucket Citizens Development Corporation in Pawtucket, Rhode Island Free Clinic in Providence, The Genesis Center in Providence, the Norman Bird Sanctuary in Middletown, New Urban Arts in Providence, West Elmwood Housing Development Corporation in Providence, Tides Family Services located throughout the state, Community MusicWorks in Providence, the Martin Luther King Jr. Community Center in Newport, Welcome House of South County in South Kingstown’s Peace Dale neighborhood, Franklin Court Independent Living in Bristol, RiverzEdge Arts Project in Woonsocket, Woonasquatucket River Watershed Council in Providence, The Institute for the Study and Practice for Nonviolence in Providence, Church Community Housing Corporation in Newport, Goodwill Industries of Rhode Island in Providence, Youth in Action in Providence, Molar Express in Cranston, and Everett Dance Theatre of Providence.

OHC is being recognized for:
• Providing a broad array of training programs such as home-buyer education, housing counseling, and financial assistance to eligible homeowners.
• Helping more than 100 families find a home in a beautiful neighborhood.
• Transforming long-abandoned areas such as the one along the Woonasquatucket River.

As a Champion in Action, OHC will receive:
• A $25,000 contribution in unrestricted funds from Citizens Bank.
• Media coverage from NBC10, including public service announcements and television profiles.
• Volunteer support from Citizens and NBC10 employees.
• Extensive public relations support.
• Promotional support, highlighting the “Champion in Action” in all Citizens Bank branches and on its ATMs.
• Exposure on both Citizens Bank and NBC10 Web sites.

“Olneyville Housing uses the development of new homes for neighborhood families as a key to a comprehensive revitalization strategy for the Olneyville neighborhood,” said Frank Shea, Executive Director of the Olneyville Housing Corporation.  “We are proud to be the latest Champion in Action and we look forward to working with Citizens Bank and NBC 10 in the years to come.” 

To learn more about how to contribute through donations or volunteerism to Olneyville Housing Corporation call (401) 351-8719.

About Citizens Bank
Citizens Bank is a division of RBS Citizens, N.A., operating its seven-state branch network in Connecticut, Delaware, Massachusetts, New Hampshire, New York, Rhode Island and Vermont. It has 78 branches and 150 ATMs in Rhode Island.

RBS Citizens, N.A. is a subsidiary of Citizens Financial Group, Inc., a $160 billion commercial bank holding company headquartered in Providence, R.I. CFG’s two bank subsidiaries are RBS Citizens, N.A. and Citizens Bank of Pennsylvania. They operate a 12-state branch network under the Citizens Bank brand in Connecticut, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont, and the Charter One brand in Illinois, Michigan and Ohio. CFG has non-branch retail and commercial offices in about 40 states. It is one of the 10 largest commercial banking companies in the United States ranked by assets. CFG is owned by RBS (The Royal Bank of Scotland Group plc).

About NBC 10

WJAR-TV/DT is the most watched television station in the Providence-New Bedford television market and NBC 10 News is Southern New England’s leading news station. WJAR was first launched as a radio station in 1922 and then became the market’s first television station in 1949. WJAR-TV/DT is owned by Media General, Inc.

About Media General

Media General is a multimedia company operating leading newspapers, television stations and online enterprises primarily in the Southeastern United States. The company’s publishing assets include three metropolitan newspapers, The Tampa Tribune, Richmond Times-Dispatch, and Winston-Salem Journal, 22 daily community newspapers in Virginia, North Carolina, Florida, Alabama and South Carolina, and more than 150 weekly newspapers and other publications. The company’s broadcasting assets currently include 30 network-affiliated television stations that reach more than 33 percent of the television households in the Southeast and more than 10 percent of those in the United States. The company’s interactive media assets include more than 75 online enterprises that are associated with its newspapers and television stations. Media General also owns a 33 percent interest in SP Newsprint Company, a manufacturer of recycled newsprint.