网上正规网投实体 Commits $10 Million Investment to The Housing Fund’s Shared Equity Program

田纳西州纳什维尔. (1月. 12, 2022) – 网上正规网投实体 has committed to a $10 million investment in The Housing Fund for the organization’s Shared Equity Program of affordable housing. The money will fund home loans made to low- to moderate-income individuals in majority minority census tracts for families in Tennessee.

“在网上正规网投实体, one of our main priorities is community, and we know the importance of giving back to the communities we serve,克里斯·霍姆斯说, 第一银行总裁兼首席执行官. “网上正规网投实体 fully supports the mission and vision of The Housing Fund, and we are grateful for the opportunity to partner with them through their Shared Equity Program, which will go a long way toward equipping Tennesseans with financial stability and security.”

“We are thankful for 网上正规网投实体’s partnership and for this generous investment,马歇尔·克劳福德说, 住房基金的总裁兼首席执行官. “Our ultimate goal is to break the cycle of poverty for families across Tennessee, and we know that means creating access to wealth-building opportunities through homeownership. 网上正规网投实体’s investment will play a major role in helping us reach our goals through leveraging additional capital, preserving and maintaining existing affordable housing, and creating new affordable housing options in Nashville and across the state.”

The Shared Equity Program allows for sustainable, continuous affordable housing solutions through renewable single-family units. It is designed for homes to be purchased by and eventually resold to low- to moderate-income individuals and families, constantly renewing the available affordable housing stock.

“We are privileged to see firsthand the tremendous, positive impact that owning a home can have on an individual or family,卡尔文·邓宁说, 副总统, 第一银行的公平贷款和CRA. “The Housing Fund has been instrumental in creating affordable, sustainable housing solutions. 网上正规网投实体 is committed to doing our part to help ensure our neighbors have access to these ownership opportunities.”

首页buyers in the program are only required to provide 1 percent of the purchase price, with 25 percent contributed by The Housing Fund and the other 74 percent coming from a 网上正规网投实体 loan. Once the homeowner is ready to move on, they can sell it only to another qualified low- to moderate-income buyer affiliated with The Housing Fund. At closing, The Housing Fund gets back its 25 percent contribution at 0 percent interest. Any appreciation in value is split between the seller and The Housing Fund, which then reinvests that money back into the home by helping the next buyer with a 25 percent contribution toward their purchase.

网上正规网投实体住房公积金

自1996年成立以来, 住房基金已经帮助了3万多人,900 first-time homebuyers receive over $29 million in down payment assistance loans, as well as provided more than $60 million in financing to assist individuals and organizations purchase, 恢复, or construct homes for low- and moderate-income families. THF已经借出了8900多万美元, which has leveraged over $500 million in private financing for more than 6,000个单位.

网上正规网投实体网上正规网投实体

明星网上正规网投实体, a wholly owned subsidiary of FB Financial Corporation (NYSE: FBK), is the third largest Tennessee-headquartered bank, with 82 full-service branches across Tennessee, 肯塔基中南部, 阿拉巴马州和北乔治亚州, and a national mortgage business with offices across the Southeast. The bank serves five of the major metropolitan markets in Tennessee and, with approximately $11.总资产90亿美元, has the resources to provide a comprehensive variety of financial services and products.

###