New Orleans, LA– A Shared Initiative, Inc. (ASII), a local nonprofit created by ASI Federal Credit Union dedicated to helping residents obtain and sustain affordable homeownership, applaud two study findings recently released by the U.S. Department of Housing and Urban Development (HUD) that validated the value and impact of housing counseling for first-time homebuyers and those struggling to prevent foreclosure.  

ASI FCU Affiliate Kicks-off Capital Campaign to Revitalize New Orleans’ Upper Ninth Ward

Federation Commits $100,000 in Matching Funds

(July 24, 2006 – New York, NY) A bold new initiative to jump-start the revitalization of the Upper Ninth Ward of New Orleans has won a challenge grant from the National Federation of Community Development Credit Unions (the Federation).