Homewise Blog

Tag: Low Income Households

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Homewise Launches Emergency Mortgage Assistance Fund

Homewise seeks foundations and municipalities to join in an unprecedented partnership to help low-income homeowners weather the COVID19 crisis and its economic consequences. With over 30 years’ experience helping to create successful homeowners and strengthen neighborhoods, Homewise has launched the initiative to help vulnerable residents who may be at risk of losing their homes due to a lack of ability to pay mortgages.

Solar Opportunity Loan Fund created

Solar Opportunity Loan Fund created

Today solar energy is becoming more accessible to low and moderate income households in Santa Fe thanks to two local environmentalists turned investors. Richard Khanlian and Ann Alexander have set out to make solar available to everyone. Once they had an idea in place and the funds to support it, the couple began looking for a partner to facilitate the program. They chose to work with Homewise to create the SOL (Solar Opportunity Loan) fund to provide long-term fixed rate loans for solar installations to low and moderate income households. “We want to make a meaningful statement with the SOL fund and provide clean energy options for everyone,” says Khanlian.