Empowering Homeownership: Tuan Nguyen’s Journey to a San Jose Home

SAN JOSE, CA (June 9, 2025)—In one of the most expensive housing markets in the country, homeownership can feel like an unattainable dream for many working families. But for Mr. Tuan Nguyen, that dream became a reality thanks to the $50,000 MDPA (Middle-Income Down Payment Assistance) Grant from the Federal Home Loan Bank (FHLB) and the support of KeyPoint Credit Union.

Tuan Nguyen and his wife, both hardworking professionals in the Bay Area, have been considering buying a home since 2017. Over the years, they diligently saved while renting in San Jose and raising their two children, determined to one day own a home in the city they love.

Their breakthrough came when their realtor discovered the MDPA Grant Program and connected them with Kevin Son, a trusted loan officer at KeyPoint. With Kevin’s guidance and the financial boost from the grant, the Nguyens were finally able to make their dream a reality.

The MDPA Grant, offered through FHLB, supports middle-income families in high-cost areas by helping them overcome the down payment barrier and invest in long-term homeownership. For the Nguyen family, it meant not just a house but a future filled with security, opportunity and community.

Thanks to the dedication of their realtor, the expertise of Kevin Son and the resources provided by KeyPoint, the Nguyens are now proud homeowners. Their story is a powerful reminder that with the right support, homeownership is possible—even in the Bay Area.

About KeyPoint Credit Union

Inspired by Silicon Valley innovation and built to serve a diverse membership, KeyPoint is a full-service, not-for-profit credit union dedicated to providing financial solutions to help members achieve their goals in life. KeyPoint helps members make the most of their money—earning more on savings while paying less for credit. And KeyPoint is active in the community, providing free financial education programs, as well as fostering financial wellness, sponsoring reading programs and mentoring the next generation of business professionals at local educational institutions.

Learn more about Next Generation Neighborhood Banking from KeyPoint Credit Union at kpcu.com. Federally insured by NCUA. Equal Housing Lender. NMLS #417395.