Rockland Federal Credit Union’s Pebble Promise Foundation Commits $100,000 to Merrimack Valley Housing Partnership for First-Time Homebuyer Assistance

LOWELL, MA – November 24, 2025 – Rockland FCU is pleased to announce a $100,000 commitment from its charitable arm, the Pebble Promise Foundation, to The Merrimack Valley Housing Partnership (MVHP). This funding will be used to provide zero-interest deferred loans to qualified first-time homebuyers in the Merrimack Valley region, helping them overcome financial barriers to homeownership.

The Pebble Promise Foundation, established by Rockland FCU, supports improving housing access and the financial well-being of families in the communities it serves. This latest investment reflects its commitment to practical, impactful solutions that promote long-term stability for local families.

“Homeownership creates lasting stability for families and communities,” said Debbie Marcella, SVP of Residential Lending at Rockland FCU. “By providing flexible, zero-interest deferred loans through the Merrimack Valley Housing Partnership, we’re ensuring that more working families have a chance to buy a home—without being overwhelmed by upfront costs.”

Through this partnership, funds will be distributed as zero-interest deferred loans based on individual participant’s need. While there is no monthly payment required, full repayment is due upon sale or transfer of the property’s deed.

The Merrimack Valley Housing Partnership is a trusted provider of homebuyer education and assistance programs in the region. The new funding will allow MVHP to expand its ability to serve low- and moderate-income households, empowering more residents to purchase homes while preserving affordability.

“This generous commitment from Rockland FCU and the Pebble Promise Foundation is more than financial support—it’s a vote of confidence in the families we serve,” said Cathy Mercado, Executive Director of the Merrimack Valley Housing Partnership. “By removing upfront financial barriers, these zero-interest deferred loans empower first-time buyers to take that critical step toward homeownership. It’s a transformative investment in housing equity and community resilience.”

A portion of the funding may be used to support administrative or program delivery costs, subject to approval by the Pebble Promise Foundation Board.

About Rockland Federal Credit Union & The Pebble Promise Foundation

Rockland FCU is a member-owned financial institution committed to delivering high-quality, affordable financial services. Its philanthropic arm, The Pebble Promise Foundation, supports initiatives that promote financial wellness and housing access, with a special focus on children and families. By investing in housing stability, the Foundation helps build stronger, more resilient communities.

About Merrimack Valley Housing Partnership

Merrimack Valley Housing Partnership (MVHP) is a nonprofit organization that promotes sustainable homeownership in the Merrimack Valley region through education, advocacy, and financial assistance. MVHP equips first-time homebuyers with the tools, knowledge, and resources they need to successfully purchase and maintain their homes, with a focus on serving low- and moderate-income households.