Trellis News

Jennifer and her partner were ready to purchase their first home. The couple and their two children lived in an apartment far from their extended family and wanted to buy a home in South Phoenix to be closer to them. They earned enough to afford a mortgage, but did not have a lot of cash reserves. Jennifer works for the City of Phoenix, so she knew …

According to a great article by Irene Snyder  and Justin Lum of Fox10 Phoenix, real estate experts say the housing market is booming in Phoenix despite the COVID-19 pandemic and for sellers, it’s a time to capitalize as offers get hotter. What is Causing the Price Increase? Arizona is booming with people moving in from …

The agency also expands temporary COVID-19 forbearance and servicing polices to provide additional homeowner relief. From the U.S. Department of Housing and Urban Development: Recognizing the financial and other hardships many individuals and families are facing due to the ongoing COVID-19 pandemic, the Federal Housing Administration (FHA) is expanding its relief efforts to assist homeowners …

The goal of this rental assistance program is to provide financial assistance and housing stability The following is the text of a news release from the Office of Governor Doug Ducey. Governor Doug Ducey today announced the Arizona Department of Economic Security will be launching a new Emergency Rental Assistance Program to provide financial assistance …

Trellis helps to bring workforce housing to Phoenix It has become increasingly difficult for middle-income workers to actually live in the areas in which they work. One key factor is the limited supply of housing affordable to these workers, especially here in Phoenix. This forces many middle-income workers move to the outer fringes of a …

Trellis financial literary courses help people better manage their money and more. With the arrival of the new year comes a whole wish list of things to accomplish. However, if you are managing your finances the same way you always have, then last year’s struggles will follow you into 2021. It’s time to break the …

“I learned so much” – Jessica  The Good Reputation of Trellis  Jessica had already known about Trellis because the organization helped people close to her. A couple of years earlier, Jessica’s aunt worked with the counselors at Trellis. Together, they worked on a plan to help Jessica’s aunt avoid foreclosure. Then, recently, one of Jessica’s friends told Jessica about how much …

“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 …

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 …

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 …

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 …

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 …

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 …

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 …