A mission-driven housing company just got funding to help local families become homeowners.
LadderUp Housing on Thursday announced a $250,000 investment from the Richard King Mellon Foundation to help the company’s expansion into Allegheny and Westmoreland counties.
The investment is designated for the acquisition and renovation of new homes through LadderUp’s rent-to-homeownership model. This model assists low- to moderate-income families in transitioning from renters to homeowners by providing financial coaching and mortgage-readiness support…