Affordable Housing Project Gets CU Funding

August 01, 2006, 4:51 p.m. EDT 1 Min Read

EL PASO, Texas -- The El Paso Affordable Housing CUSO, a project developed by eight area credit unions, received a $25,000 grant from the Texas CU Foundation, the Foundation announced Tuesday. The Foundation, a unit of the Texas CU League, has provided more than $80,000 in funding to the CUSO, which has offered low-cost mortgages, financial literacy, and as much as $6 million in home loans to residents of this west Texas city. Participating credit unions are: Government Employees CU of El Paso, First Light FCU, West Texas CU, El Paso Area Teachers FCU, One Source FCU, El Paso Employees FCU, Mountain Star FCU and Golden Key FCU.

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