A handful of regional credit unions pair up with the GoWest Foundation to offer 100% financing for eligible borrowers.
Few challenges have commanded more sustained attention than affordable housing, drawing focus from lawmakers, financial institutions, and the public and nonprofit sectors alike.
Last year, fewer than 30% of Americans who planned to purchase a home followed through with it, according to NerdWallet’s annual homebuying survey released in January. The 71% that reported delaying their homeownership dreams largely cited their inability to afford homes on their local market.
Tucson, AZ, is no exception to this worsening trend. There, a consortium of credit unions, their trade association, housing organizations, and local leaders worked together to debate and test different solutions, ultimately launching the Tucson Welcome Home Program last October…