Workforce Housing Grant Applications Due Oct. 25
Credit unions interested in applying for a Northwest Credit Union Foundation workforce housing planning or project grant are encouraged to submit their proposed plans by Sept. 13. Final grant applications are due by Oct. 25.
Those that submit their proposed plans will receive feedback from NWCUF staff prior to the final application submission. To submit a plan or fill out a workforce housing grant RFP, please visit the Foundation online.
As housing affordability continues to decline in the Northwest, credit unions are examining ways they can create innovative products to combat the financial barriers their members face. To further these efforts, NWCUF has opened another round of workforce housing planning and project grant opportunities. It has committed $500,000 in workforce housing grants for 2019. Awards of up to $20,000 will be given to planning grant recipients, and up to $100,000 will be awarded for project grants.
This spring, NWCUF awarded $290,000 in workforce housing project grants to three credit unions, and last fall, it awarded $120,000 in workforce housing planning grants to five credit unions.
Credit unions interested in learning more about the RFP or the Foundation’s Workforce Housing Initiative are encouraged to get in touch with Claire Hendrix, NWCUF Program Director. NWCUF is here to assist credit unions with any questions and walk them through the grant application process.