TEMPE, Ariz., (5/27/14)--TruWest CU, Tempe, Ariz., with $826 million in assets, is helping make homeownership more attainable for its members through a federal funds program.
The Workforce Initiative Subsidy for Homeownership (WISH) program pairs low- to middle-income families with the funds necessary to achieve the dream of homeownership.
WISH provides up to $15,000 for each household, matching up to $3 for each $1 saved by the homebuyer, to be used for the down payment and closing costs involved with purchasing a home. Grant funds are available on a first-come, first-serve basis.
"The most difficult obstacle for me to overcome in buying a home for my family was coming up with the down payment," says Dustin L., a recent WISH recipient. "The process was easy. In fact, I applied online at truwest.org, and within a week completed the housing counseling course that the WISH program requires. Within a month, I found my house and made an offer."
Program applicants must: