Yolo Federal Credit Union announced that it will be disbursing grant funds that it received recently to lower-income homebuyers in Yolo County.
Eligible homebuyers may apply for up to $15,000 in matching grant funds to be used for the downpayment and closing costs involved with purchasing their home. Under the WISH Program, Yolo Federal will match up to $3 for every dollar contributed by the homebuyer toward a home purchase.
“Providing low- and moderate-income individuals and families the chance at realizing their dream of homeownership is a high priority for us,” said Clyde Brooker, CEO of Yolo Federal Credit Union, in a news release. “This grant program is an important tool in helping us meet this objective.”
For more information on Yolo Federal’s grant program, visit www.yolofcu.org and click on the “loans” tab to review programs and workshops or call (530) 668-2700.