Safe and Green Development Corporation Strikes Deal to Provide Access to Innovative Home Financing Solutions to Deliver Affordable Homeownership
SG DevCoSG DevCo(US:SGD) Prnewswire·2024-06-14 12:45

Core Insights - Safe and Green Development Corporation (SG DevCo) has entered into a strategic agreement with Trio Residential LLC to integrate Trio's home financing solutions into SG DevCo's Xene Home AI Platform, aiming to enhance homeownership accessibility for diverse customers [4][5][10] Company Overview - Safe and Green Development Corporation focuses on real estate development using innovative, prefabricated modules and aims to create sustainable projects across various income and asset classes [12] - Trio Residential LLC has been providing innovative homeownership solutions since 2001, helping families transition from renting to owning through lease-to-own and seller financing programs [13] Collaboration Details - The collaboration will allow Xene customers to access Trio's down-payment assistance products, including the lease-to-own program, which is designed to help individuals with challenging financial backgrounds [10][11] - Trio's unique financing products, such as the "Link Home Loan" and "Convertible Lease," will be available on the Xene Home Platform within the next 30 days, enriching the home-buying journey for customers [11][10] Strategic Goals - The partnership is expected to enhance the flexibility of the Xene Home Platform, aligning with SG DevCo's mission to make homeownership a reality for more individuals [5][4] - Both companies share a commitment to providing innovative products and services that empower customers from diverse backgrounds to achieve their homeownership dreams [5][9]