This part of U.S. Bank’s Rebuild and Transform Fund will be used to address systemic economic and racial inequities in housing
U.S. Bank has granted Trellis a large sum of money to be used as down payment assistance for Phoenix-area homebuyers.
Who Qualifies for These Funds
To qualify for the down payment assistance, borrowers must be purchasing an owner-occupied home. Additionally, recipients must first complete a Home Buyer Education class offered by Trellis or meet one-on-one with a Trellis counselor.
“Our focus is on listening to and learning from community leaders and responding to critical needs,“ said Reba Dominski, Chief Social Responsibility Officer for U.S. Bank. “Today we are proud to share the details of our philanthropic giving to 10 additional markets across the country that historically experience low economic mobility. We are investing in organizations led by people of color and providing general operating funds because we trust community leaders to know how, when and where to use these funds for the greatest impact.”
How Trellis is Helping
For over 45 years, Trellis has been helping the most vulnerable and under-served members of our community through financial education and counseling, special loan and down payment assistance programs, and the revitalization and building of affordable housing properties in the Phoenix-metro area. Trellis has partnered with U.S. Bank to offer this new down payment assistance program.
To learn more about this program, simply complete and submit the below form. One of our knowledgeable and compassionate counselors will reach out to you.