Daily Democrat, October 16, 2018

SACRAMENTO — Mutual Housing California’s pilot “Maximizing Your Credit” program has been named as a recipient of one of this year’s Housing Innovation Awards given out by the Sacramento Housing Alliance.

Due to financial support provided by CitiBank, Mutual Housing rolled out the program last year at its Moore Village, Greenway, and Glen Ellen communities —giving south Sacramento and Davis residents the option to have their on-time rent payments reported to two major credit bureaus and the chance to build their credit history and improve their credit scores. This program allows renters to enjoy the same kind of credit-related benefits that homeowners routinely receive from their lending institutions.

Mutual Housing also operates a low-income housing development in the Spring Lake area of Woodland, which has been lauded for its environmental and energy-saving capabilities.

“This is a very innovative program that gives residents of affordable housing communities who are renters a chance to build and establish credit and to increase their credit scores,” said Mutual Housing Community Development Director Anne Marie Flynn. “Renters historically have not been able to take advantage of the fact that they have made monthly on-time rental payments for years.”

Mutual Housing community organizer Alexandra Alvarado and Citi Vice President and Community Development Manager, Mary Hogarty, accepted the award on behalf of the organization on Monday at the Fourth Annual Sacramento Housing Alliance Housing Summit at the Sheraton Grand Hotel in Sacramento. Two other organizations also received the awards for their innovations in providing and expanding affordable housing opportunities for low-income people.

They were Mercy Housing for its Esperanza Crossing Phase 2 community in Esparto, and Jamboree Housing for its preservation of more than 100 single-room occupancy apartments at the Hotel Berry in downtown Sacramento.

Some 75 Mutual Hou