NeighborWorks® HomeOwnership Center
The HomeOwnership Program
Expanding homeownership opportunities and giving homebuyers the information and tools they need to succeed as homeowners.
Homebuyer Education and Counseling is provided to approximately 200 new customers per year. Following the Homebuyer Workshop, a counselor develops an action plan tailored to a customer’s needs and situation with the end result of sustainable homeownership. More than 500 HomeOwnership Center customers have purchased their first home. Hundreds more households are preparing for a home purchase.
Our Financial Empowerment counseling sessions are packed with information on saving, debt reduction, spending plans, and investments. Our financial counseling will provide you with the tools to make informed financial decisions with confidence. One hundred and five people have graduated from the training series to date.
Available for income-eligible homeowners, low-interest rehab/repair loans focus on health & safety repairs such as electrical, plumbing, water, septic, heating systems, roof and structural repairs. Almost 250 loans have been approved for over $1.8 million in home repairs for families at or below 80% of median income.
RuralEdge has sponsored many community projects in the Northeast Kingdom. Projects have included fixing up homes throughout the Northeast Kingdom, landscaping in Groton, building a playground in Newport and St. Johnsbury as well as an interfaith youth work camp repairing 55 homes in Orleans County.