Credit Unions Still have Time to Apply for Affordable Workforce Housing Grant


The Northwest Credit Union Foundation recently announced an exciting opportunity for member credit unions to receive grant funds in support of planning activities to address affordable workforce housing issues within their communities.

Credit unions interested in applying for grant support have until 5 p.m. PST on Sept. 14 to submit applications. Credit unions with questions or who wish to discuss their ideas are encouraged to contact Foundation Executive Director, Sharee Adkins at. or by phone at 206-265-0313.

As the Northwest continues to grow and diversify, residents across the region are facing a significant hurdle – affordable workforce housing. Credit unions are keenly aware of the problem within their communities and are finding ways to address it.

To assist in addressing this pressing problem, the Foundation last month introduced an Affordable Workforce Housing planning grant. This opportunity will help credit unions in the region make direct impacts on the lives of the members they serve and their communities.

The first round of grants are approximately $20,000 each and will be awarded at the end of September. A. request for proposals. is available online for Northwest Credit Union Association member credit unions to fill out, along with. more information about the grants.

Grants will focus on planning, providing a unique funding opportunity for researching and developing a project that will be implemented after completion of the grant period.

After credit unions participating in the grant program complete their planning studies, another round of grants will be announced to help credit unions implement innovative scalable and/or replicable affordable workforce housing strategies. Credit unions that did not receive planning grants will still be eligible to apply for implementation funding.

To learn more about the planning grant opportunity, view the. RFP online.


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