The City of Iowa City and GreenState Credit Union have partnered on an initiative that seeks to increase homeownership opportunities for community members who do not meet traditional financial parameters necessary to secure a mortgage. The goal of the partnership is to decrease racial gaps in homeownership within Iowa City.
Under the partnership, GreenState will provided financing for underserved neighborhoods and households that have experienced difficulty in obtaining a standard 30-year mortgage. GreenState will be flexible when considering credit, assets, and job tenure in...