Partnerships
Carolina First
Carolina First partners with State Housing programs, Public Housing
Authorities, local government and other nonprofits to provide
affordable housing and homeownership opportunities for low- and
moderate-income families. We are also very active members of the
Federal Home Loan Bank (FHLB) of Atlanta’s community investment
programs. Through the FHLB First-time Homebuyer Program (FHP), the
bank provided $555,000 in down payment and closing cost assistance
to 60 low- and moderate-income borrowers wanting to purchase a home
for the first time. Through the FHP and other affordable mortgage
programs, the bank has provided over 160 families with affordable
mortgage financing totaling $17 million.
Mercantile Bank
Mercantile Bank partners with the Florida State Housing SHIP
program, Habitat for Humanity, local government and other
nonprofits to provide affordable housing and homeownership
opportunities for low- and moderate-income borrowers wanting
to purchase a home. The bank has worked with several local
nonprofits in the provision of homebuyer educational workshops
and seminars to assist qualified first-time homebuyers move through
the home buying process with ease. Under our affordable mortgage
programs, the bank has provided over 163 families with affordable
mortgage financing totaling $21 million.