Lancaster and Mission Bank Announce Stand Strong Youth Sports Loan Program
Lancaster, CA. May 3, 2022 – The City of Lancaster, in partnership with Mission Bank, is announcing the launch of a new “Stand Strong” Youth Sports Loan Program to support local youth sports organizations impacted by COVID-19.
Eligible organizations may receive loans up to $20,000 to assist with the purchase of personal protective equipment supplies and gear, COVID testing, rental fees, and overall operational costs that have not been met due to decreased enrollment numbers.
“Lancaster cares about the health of our youth, and youth sports programs are at the heart of keeping our kids active and engaged,” said Vice Mayor Marvin Crist. “Providing aid to these local organizations ensures the prosperity of youth sports programs and the well-being of the youth in our community.”
The Lancaster City Council conceptualized the program in December 2021, allotting $250,000 for the program as a whole. The City turned to Mission Bank with this endeavor, a trusted resource that expanded into the Lancaster area in 2012 and has since seamlessly integrated into the community.
“We recognize how our youth has been impacted by COVID over the past few years, and we know the important role that youth sports programs can play in physical and mental wellness,” said Tom Lescher, Mission Bank’s Regional President. “Mission Bank is looking forward to empowering local organizations that support Lancaster youth through sports with this loan program.”
To be eligible for the “Stand Strong” loan program, the interested organization must be a not-for-profit organization, and/or 51% of their participants must reside in the City of Lancaster. Applications will be accepted until September 30, 2022, or until funds last.
For more information on the loan program and application process, please contact Economic Development at (661) 723-6128 or econdev@cityoflancasterca.gov, or please visit cityoflancasterca.gov/youthsports
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