Redstone FCU Helps Fund First TimeHomebuyers

Register now

HUNTSVILLE, Ala. - (10/14/04) -- Redstone FCU has joined two othercommunity groups to match a $88,940 federal grant that will helpthe Family Services Center Assets for Independence Program. The$177,000 in funding will help fund the organization's first timehomebuyer program for low income residents. The program willprovide counseling, training and financial assistance to low incomefamilies to help them buy homes. The community groups joiningRedstone FCU in matching the grant form the U.S. Department ofHealth and Human Services are Huntsville Community Development andDecatur Community Development.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER