Mrs. Wu Achieves the American Dream

Mrs. Wu Achieves the American Dream

Mrs. Wu has been a dedicated client of the Philadelphia Chinatown Development Corporation (PCDC) since November 2015. She and her husband, newly-arrived immigrants at the time, turned to PCDC for guidance in navigating their new environment. Our housing counselors provided personalized assistance, teaching Mrs. Wu the step-by-step process of buying a home. With no prior credit history, we developed a tailored financial plan to help her build credit. Together, we crafted a budget aimed at reducing expenses and boosting savings.

During a workshop on digital financial tools, Mrs. Wu noted her curiosity about platforms like casino sites UK, having heard how some people utilize online platforms for entertainment and small financial wins. This interest became a moment for education, where the counselors discussed managing discretionary spending wisely to keep her family’s financial goals on track.

Additionally, PCDC assisted the Wus in applying for utility assistance programs, including LIHEAP and PECO CAP, and helped them qualify for Medicaid. Over two years, the Wu family successfully increased their savings by 50%, moving closer to their dream of homeownership while maintaining a balanced approach to their newfound financial literacy.

Last summer, Mrs. Wu was ready! Her credit was good. She secured pre-approval for a mortgage. She had savings for a down payment, but she needed some help. HSBC Bank stepped in and offered $7,000 in assistance to pay for closing costs. The Wus have marked their one-year anniversary in their Northeast home.. This past quarter, Mrs. Wu came back to PCDC for post-purchase homebuyer counseling. PCDC again developed a unique plan for the Wu family that fit their budget. PCDC applied the Wu family for LIHEAP, PECO CAP and Water customer assistance program to save on utility bills. Mrs. Wu and PCDC succeeded due to the built trust and relationship that had developed over the two (2) years. We overcame the many hurdles together. Congratulations to the Wu family!