Bank partners with Trumbull Neighborhood Partnership to boost local housing
First National Bank is supporting homeownership opportunities for Warren residents through the construction and resale of four single-family residences.
The Trumbull Neighborhood Partnership received a $3,750 donation from First National Bank to build four new homes on the site of the former Emerson School on the northwest side of Warren.
These three-bedroom, 1,464-square-foot homes will be sold to qualifying buyers who agree to occupy them for five years, according to Matt Martin, executive director of TNP.
“These new homes are a sign of renewal and long-term investment in the neighborhood,” he said. “By building quality, affordable housing on formerly vacant lots, we’re strengthening the community block by block and giving families the opportunity to put down roots and thrive in Warren.”
Deanna Vaughn is the director of community lending for First National Bank.
“Owning a home unlocks the opportunity to build wealth and establish financial stability,” Vaughn said. “We are proud to play a role in TNP’s initiative and to positively impact a community we call home.”
TNP expects to list the properties before the end of the year.
“We’re deeply appreciative of First National Bank’s support,” Martin said.
