SFCU Pledges Funding for Impact Project Loans
SIDNEY—Sidney Federal Credit Union and The Impact Project have announced a partnership that will see up to $300,000.00 in loans funded to support low-income residents of the tri-counties of Chenango, Delaware and Otsego that fall under ALICE guidelines (Asset Limited, Income Constrained, Employed). The Impact Project loans are for amounts up to $15,000.00 for home repairs and charge only 0.5% interest. The goal is to help families maintain and increase equity in their homes and stabilize their housing situation through repair and rehabilitation projects.
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