Providing homes for Wyoming families
Through a coalition of local faith communities, businesses, and dedicated families, The Wyoming Family Home Ownership Program (WYFHOP) aims to change the face of poverty, one family at a time.
Every month for a two year period, the dedicated family saves $100 a month, attends financial literacy classes and builds relationships with family mentors. During the same period, the Community Partnership of churches, business partners contribute $200 month into a dedicated account with further assistance from the Wyoming Women's Business Center and others. After two years the parnter match is $12,400. This give the family $14,800 towards the mortgage and closing costs.
At the end of two years, the family has developed solid financial habits, are prepared financially, and are emotionally ready to own their own home. Community sponsors are the key to building necessary relationships for the families' success.
Please visit Frequently Asked Questions for more details about this unique program.
Enjoy the video below, created by ServeWyoming for the 2010 Impact Award.
