Last year they set a goal of raising 1.2 million for its building on Veterans Way.
They were just awarded a 200 thousand dollar grant from the Meyer Memorial Trust.
Jamie Kanski with St. Vincent De Paul says this will help cut their mortgage payment in half.
"The price of the building is 1 million 150 thousand. It looks like we will only have 450-thosand to mortgage and that will be a really sginificant savings."
St. Vincent's has also recently received a 100-thousand dollar grant and is waiting to hear about another one for 150-thousand dollars.
They hope to formally buy the building by the end of the year.
The mortgage savings will allow them to put more money toward the meals and social services they provide.