Posts tagged: National Homeownership Month
What better time than National Homeownership Month to host a housing development workshop? Local officials in Pike County, Alabama, recognized the shortage of available housing for individuals and families interested in relocating to the area because of the hundreds of new job opportunities resulting from recent industry announcements and existing business expansions. As one of the steps to help address this housing issue, the Pike County Economic Development Corporation (PCEDC) hosted a housing development workshop last week.
During the workshop, lenders, realtors, and developers learned about a variety of Federal and State programs to finance single family and multi-tenant housing. Representatives of USDA Rural Development shared detailed information and met one-on-one with individuals following the workshop to answer their specific questions. General questions about eligibility criteria, “green-building” programs and incentives, zoning issues, and rehabilitation of existing multi-tenant housing were raised during the workshop. Read more »
A few years ago, Mihai & Mihaiela Giurca reluctantly left both their native land of Romania to start fresh in New Jersey. In 2007 they became permanent residents and moved to a one bedroom apartment in Atlantic City. Both worked diligently to learn the language and obtain steady employment in the casino industry. Read more »
Starting a new career, Cody Thibert moved his wife and their three children to a new community. Searching for a home in Valley City, North Dakota, Cody heard about USDA Rural Development through his father’s co-worker. He decided to inquire about the housing programs and found a fit with the USDA Single Family Home Loan program. The Thiberts were able to purchase a four bedroom, bi-level home with a low interest rate and an extended term loan. Read more »
John Yellow Bird Steele, President of the Oglala Sioux Tribe (OST) signed a proclamation declaring June 2011 National Homeownership Month. The signing event took place in Pine Ridge, South Dakota, earlier this month with Partnership for Housing and USDA Rural Development on site for the ceremony.
“USDA Rural Development is actively engaged with assisting the Pine Ridge Indian Reservation in increasing homeownership opportunities in coordination with our public, private, and non-profit partners,” said Rural Development State Director Elsie M. Meeks. “Homeownership often leads to economic improvements, a better sense of pride in yourself and of the community.”
Chris Olson learned firsthand that there is much more to the U.S. Department of Agriculture (USDA) than he thought. Now he wants to share his story with others.
Olson used USDA Rural Development’s direct home loan program to purchase a home in Cambridge, Minn. He learned about Rural Development’s home loan programs online.
“They really make sure you understand everything there is to know about owning a home,” Olson said. “Payments, budgets, expenses, home maintenance – the homeownership course covers all of that so you are fully prepared before buying the house.” Read more »