Woodforest, while not a mortgage originator, expands access to affordable, quality housing by creating strong community partnerships with organizations who promote homeownership as a wealth-building opportunity in the communities we serve. We lend and invest in a variety of non-profit and government organizations that have expertise in financing and development of affordable housing for low- and moderate-income residents. Further, Woodforest's strong network of retail branches not only volunteers thousands of hours per year to provide financial education to potential home buyers, but also serves on the boards and committees of many local affordable housing organizations.

Wealth Building Through Homeownership

Beginning in 2016 Woodforest entered into a public-private partnership with the Texas Department of Housing and Community Affairs (TDHCA).

Since 2016, Woodforest has provided:*

*Information accurate as of 09.01.20.

This DPA capital helped drive residents' overall mortgage costs to below-market rates, thus making affordable housing more affordable, while ensuring safe and decent housing for thousands of Texas residents. Woodforest is proud to have been the driving force to ensure our limited capital directly drove results, helped create more affordable financing, and helped first-time LMI Texans become homeowners.

Visit TDHCA My First Texas Home for more information.

American Bankers Association's® 2017 Community Commitment Award Affordable Housing

Partnering with Neighborworks^® America

In addition to our partnership with TDHCA for down payment and closing cost assistance, Woodforest teamed up with NeighborWorks America to offer housing counseling training for HUD approved housing counseling organizations. This includes organizations that needed to comply with Dodd-Frank requirements whereby all housing counselors needed to become certified. Woodforest hosted three training sessions (Chicago, Houston, and Washington D.C.) and provided scholarships to over 98 housing counselors from across our 17 state footprint.

Investing in Community Solutions, Inc.

Woodforest National Bank is excited to invest in the Community Solutions, Inc. Large Cities Housing Fund which creates apartment homes for individuals exiting homelessness including veterans who served our nation. Read the full press release from Community Solutions, Inc. here.

Affordable Housing Contacts

See more of our CRA Team