Friday, April 18, 2014
YOLO COUNTY NEWS
99 CENTS

Credit union receives federal grant funds to help first-time home buyers

Travis Credit Union has been awarded 2013 grant funds from the Federal Home Loan Bank to be disbursed to low- and moderate-income home buyers within its 12-county service area. The credit union has a Davis branch at 1380 E. Covell Blvd. in the Oak Tree Plaza shopping center.

Eligible first-time homebuyers may apply for up to $15,000 in matching grant funds to be used for the down payment and closing costs involved with purchasing their home. Under the WISH Program, FHLB will provide matching grants through Travis Credit Union up to $3 for every dollar contributed by the homebuyer toward a home purchase. The program is designed to help working households in high-cost areas purchase homes.

Additionally, Travis Credit Union offers the Individual Development and Empowerment Account (IDEA) program to low and moderate-income households. FHLB sets aside a portion of its annual affordable housing program contribution to provide matching grants through the credit union for down payment and closing cost assistance to eligible first-time home buyers who have saved under Individual Development Account or Family Self-Sufficiency programs.

This program provides up to $15,000 for each household, matching up to $3 for each $1 saved by the homebuyer.

“The recent recession has hit communities hard all across Northern and Central California, but its impact has been especially harsh for those who were already struggling to make ends meet,” said Patsy Van Ouwerkerk, president and CEO of Travis Credit Union.

“These grants are designed to provide low- and moderate-income individuals and families the chance of realizing their dream of homeownership. Even in this challenging economic climate, with these grants, I believe we can help these families achieve their financial goals.”

Travis Credit Union is one of only five credit unions in California to receive grant funds for the WISH and IDEA programs this year.

Enterprise staff

LEAVE A COMMENT

Discussion | No comments

The Davis Enterprise does not necessarily condone the comments here, nor does it review every post. Read our full policy

.

News

Going green at church, school, everywhere

By Special to The Enterprise | From Page: A1 | Gallery

 
Former caretaker convicted of murder, elder abuse

By Lauren Keene | From Page: A1, 4 Comments | Gallery

Old friend helps Brad and others find kidneys

By Dave Jones | From Page: A1 | Gallery

 
Chuck Rairdan joins school board race

By Jeff Hudson | From Page: A1, 2 Comments

 
Ukraine insurgents reject call to quit buildings

By The Associated Press | From Page: A2, 4 Comments

 
For the record

By Enterprise staff | From Page: A2

UCD to host Global Health Day event

By Cory Golden | From Page: A2

 
Need a new best friend?

By Enterprise staff | From Page: A3 | Gallery

 
‘Hitchhiking’ dog looking for new home

By Lauren Keene | From Page: A3 | Gallery

 
Online K-12 school holds info night

By Enterprise staff | From Page: A4

Volkssporting Club plans North Davis walks

By Enterprise staff | From Page: A4

 
Schwenger lawn signs available

By Anne Ternus-Bellamy | From Page: A4

Volunteers needed for Grad Night

By Enterprise staff | From Page: A4

 
Davis grad makes rain collection a business

By Jason McAlister | From Page: A4 | Gallery

A few spots left on history tour

By Enterprise staff | From Page: A4

 
Chipotle fundraiser boosts Emerson tech upgrade

By Enterprise staff | From Page: A4

Event to provide nature scholarship

By Enterprise staff | From Page: A4

 
Students have new options on leasing front

By Enterprise staff | From Page: A5 | Gallery

Groups join for a day of service

By Special to The Enterprise | From Page: A7

 
NAMI backers walk in Sacramento

By Special to The Enterprise | From Page: A8

 
Food for the hungry

By Enterprise staff | From Page: A10

.

Forum

Dad makes mom look bad

By Special to The Enterprise | From Page: B5

 
Early help is a great investment

By Letters to the Editor | From Page: A6

More tax money? Answer the question

By Rich Rifkin | From Page: A6, 4 Comments

 
UCD IS responsible for students

By Letters to the Editor | From Page: A6, 4 Comments

 
Tom Meyer cartoon

By Debbie Davis | From Page: A6

In search of great ideas

By Letters to the Editor | From Page: A6, 1 Comment

 
Please keep the nursery open

By Letters to the Editor | From Page: A6, 1 Comment

.

Sports

Sharks double up Kings in Game 1

By The Associated Press | From Page: B1

 
Aggies lose a slugfest in opener at Riverside

By Enterprise staff | From Page: B1

Fox coming to UCD; Riffle heads to Florida

By Bruce Gallaudet | From Page: B1

 
DHS’ Golston goes full-bore on the diamond

By Thomas Oide | From Page: B1 | Gallery

Devils show more life in loss to Mitty

By Enterprise staff | From Page: B1

 
DYSA roundup: Intensity has big week; 10U games dominate schedule

By Enterprise staff | From Page: B2 | Gallery

Sports briefs: Aggies set the academic bar high

By Enterprise staff | From Page: B8 | Gallery

 
Pro baseball roundup: Susac sends Sacramento to a rare loss

By The Associated Press | From Page: B8

.

Features

.

Arts

‘Transcendence’: A whole new level of tedium

By Derrick Bang | From Page: A11 | Gallery

 
‘The Bloom’ paves way for Whole Earth Festival

By Enterprise staff | From Page: A11

DHS tribute to Tony Fields slated for April 25-26

By Enterprise staff | From Page: A11

 
UCD, city team up for Music on the Green

By Enterprise staff | From Page: A11

.

Business

Ford turns its Focus to domestic market

By Ali Arsham | From Page: B3 | Gallery

 
.

Obituaries

.

Comics

Comics: Friday, April 18, 2014

By Creator | From Page: A9

 
.

Real Estate Review

Featured Listing

By Zack Snow | From Page: RER1

Professional Services Directory

By Zack Snow | From Page: RER2

Lyon Real Estate

By Zack Snow | From Page: RER3

Yolo FCU

By Zack Snow | From Page: RER4

Acacia at Huntington Square

By Zack Snow | From Page: RER4

Jamie Madison

By Zack Snow | From Page: RER4

Travis Credit Union

By Zack Snow | From Page: RER5

Kim Eichorn

By Zack Snow | From Page: RER6

Suzanne Kimmel

By Zack Snow | From Page: RER6

Lynne Wegner

By Zack Snow | From Page: RER7

Kim Merrel Lamb

By Zack Snow | From Page: RER7

Patricia Echevarria

By Zack Snow | From Page: RER8

Chris Snow

By Zack Snow | From Page: RER8

Andrew Dowling

By Zack Snow | From Page: RER9

Sheryl Patterson

By Zack Snow | From Page: RER9

Don Guthrie

By Zack Snow | From Page: RER9

Coldwell Banker

By Zack Snow | From Page: RER10

Coldwell Banker

By Zack Snow | From Page: RER11

Julie Partain & Dick Partain

By Zack Snow | From Page: RER12

Heather Barnes

By Zack Snow | From Page: RER12

Malek Baroody

By Zack Snow | From Page: RER13

Willowbank Park

By Zack Snow | From Page: RER14

Karen Waggoner

By Zack Snow | From Page: RER14

Team Traverso

By Zack Snow | From Page: RER15

Julie Leonard

By Zack Snow | From Page: RER15

Tim Harrison

By Zack Snow | From Page: RER15

Tracy Harris

By Zack Snow | From Page: RER16

Lori Prizmich

By Zack Snow | From Page: RER16

Raul Zamora

By Zack Snow | From Page: RER17

Joe Kaplan

By Zack Snow | From Page: RER17

Coldwell Banker

By Zack Snow | From Page: RER18

Open House Map

By Zack Snow | From Page: RER19

F1rst Street Real Estate

By Zack Snow | From Page: RER20