Air Academy Has First Participant In Land Trust Program.(Brief Article)

Air Academy FCU has its first participant in its lending partnership with the Rocky Mountain Community Land Trust, a non-profit organization designed to provide affordable housing for low- and moderate-income families in the community.

Karin Kovalovsky, spokeswoman for AAFCU, said the lending partnership launched June 6. She said neither the credit union nor the Land Trust are marketing the program, in which the Land Trust provides 20% of a mortgage loan in the form of a grant to qualified individuals and families. Partnered lenders, including AAFCU, provide the rema