[Page S7708]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


      SOCIAL COMPACT'S 1995 OUTSTANDING COMMUNITY INVESTMENT AWARD

<bullet> Mr. LEVIN. Mr. President, I would like to recognize the 
Sturgis Neighborhood Program [SNP] and the Sturgis Federal Savings Bank 
as recipients of the Social Compact's 1995 Outstanding Community 
Investment Award. The Social Compact is an ecumenical coalition of 
hundreds of CEOs from all types of financial services institutions and 
neighborhood self-help organizations who have joined forces to promote 
proven, effective strategies for strengthening America's vulnerable 
neighborhoods.
  The partnership achievement of the Sturgis Neighborhood Program and 
the Sturgis Federal Savings Bank is rebuilding community hope and pride 
by stabilizing lower income neighborhoods and families through the 
rehabilitation of affordable rental housing. Since its inception, the 
SNP has rehabilitated five single family homes and more are on the way. 
Tenant families are employed, receive family development guidance, and 
participate in maintenance education programs. Families also 
participate in a Goal Setting Plan which guides them toward being self-
sufficient, productive members of the community.
  The Sturgis Federal Savings Bank was the first institution to support 
SNP's mission and played a vital role in its initial success. With the 
assistance of Sturgis Federal, SNP received grants and subsidies which 
allowed the organization to successfully renovate the completed five 
units of affordable rental housing. It is my honor to congratulate the 
Sturgis Neighborhood Program and the Sturgis Federal Savings Bank. I 
join the Social Compact in thanking them for their contributions to the 
Sturgis community.<bullet>

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