Homeownership From One Generation to the Next: A HomeSight homeowner brought her son to learn about U-lex cooperative housing — and helped him buy his first home.
“Homeownership has opened doors for building generational wealth. It’s an investment in my family’s future,” said Kenya Bannister.
Kenya Bannister bought her first home through HomeSight. This spring, when she learned HomeSight was building a new housing cooperative, U-lex @Othello Square, she encouraged her now-grown son to learn more and apply.
“Homeownership has been life-changing for me,” said Bannister. “It’s given my family a stable and secure place to grow while also helping us build financial equity for the future. Emotionally, homeownership has brought pride, peace of mind, and the joy of creating lasting memories in a space that’s truly ours.”
Bannister wanted her grown son to have the same experience for his family. Intrigued by the “affordable buy-in, monthly cost, and convenience,” of U-lex, Bannister and her son attended an U-lex Meet and Greet.
At the session, Bannister was pleased to learn her family qualified for U-lex. Bannister said she felt well prepared to jump on the opportunity, based on her past experience in HomeSight’s homebuyer education classes. “The classes gave me a greater understanding of the entire process of buying a home from start to finish,” said Bannister. She was so excited about U-lex, she bought a home for her son. “It’s a great opportunity,” she said, adding: “and registration was simple.”
“We were looking for a supportive environment where our family could thrive both emotionally and academically, and where we could feel connected and empowered,” said Bannister. “U-lex offers a strong sense of community, safety, and stability – things that are very important to us. Ulex’s values align with ours, and I see it as a place where our family can truly grow and feel at home.”