As the economic impacts of COVID-19 become more clear, we are seeing first-hand the importance of housing stability.
Housing provides so many things – safety, shelter, a place to make memories with family. It is also most family’s largest financial asset, and an opportunity to build wealth so that families have options during economic downturns.
Partners for
Better Housing, a 501c3 non-profit housing developer, is focused on the new
construction kick-off of the Willow Bend neighborhood, a walkable, sustainable,
mixed-income neighborhood located near Fayetteville’s Walker Park.
Willow Bend
will be comprised of 80 single family homes, 1/3 of which will be sold to low
income buyers who qualify for our Pay It Forward program.
Pay It Forward
is an affordable homeownership program that uses down payment assistance and
deed restrictions to ensure multi-generational homeownership opportunities for
working families.
Donations will
be used to support education and promotion of this new program in Willow Bend
and to scale the program towards an NWA regional Pay It Forward fund.
Teachers,
nurses, first responders, artists, service industry workers and others will be empowered
to begin accumulating equity and building wealth instead of renting.