Washington Trust Bank Gives $10,000 to NeighborImpact’s HomeSource Program

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((L-R) Cory Allen, Craig Chenoweth, Wendy Castillo, Jill Jennings, Joseph Portillo, Sonia Capece – Neighbor Impact and Paul MacMillan | Photo by Cascade Business News)

Washington Trust Bank recently gave $10,000 to NeighborImpact’s HomeSource program to support first-time homebuyer education and development/building of affordable rental housing in high-impact areas in the county.

NeighborImpact’s priority population is Central Oregon’s economically disadvantaged residents. Focusing on supportive, stabilizing services brings an inherent result: all departments’ staff understand persons with lived experience of poverty and lack of access to services that actually benefit them.

“At Washington Trust Bank, we believe in supporting the communities we serve,” said Cory J. Allen, Sr. Vice President/Team Leader Central Oregon for Washington Trust Bank. “Affordable and first-time home ownership is a significant challenge we face in this beautiful area we call home. We are proud to support NeighborImpact and their HomeSource Program financially, as well as volunteering for educational training in our area of expertise. ”

The agency’s HomeSource Program staff work first-hand with clients who have lived the frustration with housing in this region: rent-burdened households who would be better stabilized by owning a home with lower monthly mortgage payments than monthly rent; persons priced out of the homebuying market who benefit from the additional assistance to be able to access affordable homeownership.

Gain skills, knowledge and tools to protect your assets and develop a financially secure life. HomeSource of NeighborImpact offers free one-on-one time with coaches and public workshops to help guide your individual path to homeownership.

Their certified homebuyer coaches will provide the information and skills you need to prepare for homeownership. In this workshop you will have the opportunity to prepare a spending plan, learn how to how to find and work with the right professionals, understand the loans and down payment assistance options and more.

HomeSource offers programs, services and access to resources to help you understand, grow and protect your financial health — from your first savings to homeownership.

watrust.comneighborimpact.org

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Founded in 1994 by the late Pamela Hulse Andrews, Cascade Business News (CBN) became Central Oregon’s premier business publication. CascadeBusNews.com • CBN@CascadeBusNews.com

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