Trellis News

Trellis Helps Single Mom Buy Her First Home

Garrett Zucker/ POSTED ON November 25th, 2020

“I love you guys!” Time could note fade the appreciation that Cynthia feels for Trellis and those who helped her.   Over a year and a half ago, Cynthia was a single mom, living in a rented apartment, looking to purchase her first home. She was trying to purchase a home in the South Phoenix Village (SPV) community. Her Realtor told her that …

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Trellis Has Down Payment Assistance to Help You Buy Your New Home

Garrett Zucker/ POSTED ON November 19th, 2020

We are continuously working to address systemic economic and racial inequities in housing, and then provide real, usable solutions Trellis has funds for down payment assistance (DPA). Qualified borrowers can get up to $7.500 to significantly reduce the amount of out-of-pocket money needed to purchase a home. Depending on the price of the home and …

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Arizona Allocates $7M to Help Renters, Landlords During Pandemic

Garrett Zucker/ POSTED ON October 29th, 2020

As stated in an article by Kevin Stone on KTAR News, Arizona Gov. Doug Ducey has allocated $7 million from the state’s emergency fund to help renters and property owners struggling financially during the COVID-19 pandemic. The distribution includes $5 million to replenish the state’s Rental Property Owner Preservation Fund, which, according to a Wednesday …

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Struggling Rental Market and Mass Evictions Could Usher in Next American Housing Crisis

Garrett Zucker/ POSTED ON October 27th, 2020

Millions of renters are behind on their payments; large-scale evictions could come soon In a Wall Street Journal article, journalist Will Parker states that fallout from missed rent payments is threatening a large swath of the U.S population, as the expiration of eviction bans draws near. A large number of renters have been unable to …

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Arizona is Third-Worst in the Nation for Affordable Housing

Garrett Zucker/ POSTED ON October 12th, 2020

In a recent article in The Arizona Republic, journalist Alden Woods writes that Arizona’s affordable housing and rental supply can currently meet only a quarter of the state’s need, according to an annual report released Thursday by the National Low Income Housing Coalition (NLIHC). The state now has just 25 affordable and available rental units …

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FHA’s Foreclosure and Eviction Moratorium Extended Through December 31, 2020

Garrett Zucker/ POSTED ON September 4th, 2020

The Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2020-27, “Extension of Foreclosure and Eviction Moratorium in Connection with the Presidentially-Declared COVID-19 National Emergency,” which announces a third extension of the foreclosure and eviction moratorium through December 31, 2020. This moratorium extension is effective immediately upon the expiration of the existing moratorium announced in ML …

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We Build Affordable Housing

Garrett Zucker/ POSTED ON August 20th, 2020

We create sustainable home ownership opportunities to help you realize your dream. We recognize the correlation between housing and family stability, healthy neighborhoods and community revitalization. Our developments and projects have ranged from neighborhood revitalization efforts and minor repair programs to city-wide acquisitions and rehabilitation. We also help with lease-purchase, down payment assistance, Employer Assisted …

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