NORFOLK, Va., Feb. 04, 2016 (GLOBE NEWSWIRE) -- The Judeo-Christian Outreach Center (JCOC) today announced that PRA Group (Nasdaq:PRAA), a global leader in acquiring and collecting nonperforming loans, has donated $30,000 to support a major renovation project.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/1b9de85f-5c72-45d0-9181-c918129fdc7d
On February 4, Kevin Stevenson, president of PRA Group, presented a check for $30,000 to Todd Walker, executive director of JCOC. PRA Group volunteers were also on hand to assist JCOC staff in preparing and serving lunch to homeless residents and others in need of food assistance.
“Everyone at JCOC works hard to help make life better for families and individuals who are experiencing homelessness,” said Stevenson. “We are honored to partner with JCOC on this building project, which will have a major impact on breaking the cycle of homelessness in our community.”
“The donation from PRA will positively impact the individuals we serve in so many ways,” said Walker. “This generous contribution also serves as the first building block towards our campus renovation project launch. These upgrades will help us deliver services more efficiently and become an even better resource to the Virginia Beach community. We are thankful for our continued partnership with PRA.”
The first phase of the project calls for construction of an eight-foot brick wall with a gate to surround JCOC’s property at 1053 Virginia Beach Boulevard. A men’s dorm building, which is currently condemned, will be demolished and rebuilt. The new building will cover three floors spanning approximately 6,300 square feet.
Graphic renditions of the new buildings and additional information about the project will be available on the JCOC website.
About the Judeo-Christian Outreach Center
The Judeo-Christian Outreach Center was founded in 1986, when more than 20 faith-based organizations came together to feed the hungry. Today, JCOC’s mission is to empower homeless families and individuals to recover from crisis situations and return to being self-supporting, productive, and independent members of our community. For more information, please visit www.jcoc.org.
About PRA Group
As a global leader in acquiring and collecting nonperforming loans, PRA Group (Nasdaq:PRAA) returns capital to banks and other creditors to help expand financial services for consumers in the Americas and Europe. PRA Group companies collaborate with customers to help them resolve their debt and provide a broad range of additional revenue and recovery services to business and government clients.
PRA has been recognized as one of Fortune's 100 Fastest-Growing Companies for three years and one of Forbes' Best Small Companies in America for eight consecutive years since 2007. For more information, please visit www.pragroup.com.
Contact:
Todd Walker
Executive Director, JCOC
(757) 491-2846
twalker@jcoc.org
