Priscilla Reed Embraces New Role with United Housing

As the Lending Department at United Housing continues to expand, we're pleased to announce that Priscilla Reed has accepted a new position as Lending Manager. Previously, Priscilla served as our Special Projects Coordinator, assisting clients in foreclosure prevention and financial literacy. 

A former underwriter with experience in the private sector, Priscilla relishes the opportunity to work one-on-one with people who are dedicated to repairing their homes. She also holds certification from NeighborWorks America as a financial capability counselor, reflecting on her tremendous client-focused coaching skills. 

Sarah Williams (front left) signs her Home RePAIR loan with Priscilla Reed (right). This was the first Home RePAIR loan done completely in-house and funded by United Housing. 

"I'm excited to have the opportunity to teach more people about the benefits of financial planning," said Priscilla. "It's our goal to bring a high level of financial literacy and planning to a wider audience. The strategy includes outreach and marketing, so that more people in Memphis and the Mid-South will know what they can do through United Housing."

Priscilla's first order of business as Lending Manager is administering Home RePAIR, an in-house home loan program. Qualifying clients can take out a 1.5% loan of up to $15,000 to cover the span of 10 years in order to upgrade their homes. RePAIR lending is an important part of United Housing's strategy to help people who may not otherwise have access to financial professionals. Learn about UHI client Preston Gilliam's experience with the RePAIR program here: http://bit.ly/1RbIJ04. 

With the addition of the Lending Department, United Housing now offers three major areas of financial improvement for clients: homebuyer education, foreclosure mitigation counseling and lending through Home RePAIR. As our staff evolves, we will better reflect our focus on lending to enable us to assist more people. Because of this, more people will have access to loans to repair their homes, which in turn will make neighborhoods and communities stronger and more stable. 

Please join us in congratulating Priscilla on her new role! The Memphis Business Journal highlighted her in a recent People on the Move feature. She is ready and eager to help you with your lending needs. For more information on how we can help, call (901) 272-1122 or visit http://bit.ly/14F0Fx0.