From Collaboration to Keys, Here’s How Credit Unions Are Coming Together To Create Real Housing Solutions.
Affordable housing remains one of the most pressing challenges facing communities today. For many prospective homebuyers, the barrier isn’t desire, it’s feasibility. In fact, more than 70% of would-be buyers delayed their plans last year due to affordability concerns.
In Tucson, five credit unions came together to take on this challenge. Alongside housing partners and local leaders, they launched the Tucson Welcome Home Program. This program is a collaborative initiative designed to reduce upfront costs, remove key barriers to entry, and make homeownership more attainable for those left out by the home buying system. By combining resources between multiple credit unions and aligning around a shared goal, the program has been able to deliver targeted financial support where it’s needed most in the communities where the credit unions serve.
In this webinar, Aaron Passman, Senior Content Manager at Callahan & Associates will moderate a discussion with Danielle Bridges, SVP of Mortgage Lending & Capital Markets at Vantage West Credit Union, Adam Coggshall, Chief Credit Officer at Pima Federal Credit Union, Ashley Kemp Director of Lending & Collections at Tucson Federal Credit Union, and Lisa Parga, AVP Lending and Solutions at Tucson Federal Credit Union. Together, they’ll share details on how they achieved their successes, lessons they learned, and what other credit unions can take away on this topic.
What You’ll Learn:
- How the credit unions were able to come together and create a successful multi-organization program.
- What it takes to balance accessibility with responsible underwriting.
- How the program was structured to address real affordability barriers like down payments and insurance.
- Practical lessons and insights your credit union can apply to your own affordable housing strategy.
Download the slide deck here.
