HomeOwnership Middle, Inc. Gives Funding for Different Companies
ELKINS, WV – The HomeOwnership Middle, Inc. (HOC) is delighted to announce that it has acquired a grant of $ 210,000 to assist its efforts to create profitable owners and supply monetary alternatives and inexpensive loans to homebuyers. potentials in a NeighbourWorks America eight-county service space.
NeighbourWorks is a public, non-profit group devoted to housing and neighborhood improvement.
“We’re grateful to acquire these funds and plan to make use of them for down fee help loans and residential restore loans,” mentioned Government Director Kate Somers. “The funding can even help our workers as they supply one-on-one credit score and price range counseling, monetary training courses for YouthBuild North Central college students, and monetary teaching supplied in partnership with North Central. [KS1] Monetary Alternative Middle, a program created to assist people obtain monetary stability and empowerment. “
HOC is certainly one of 250 NeighborWorks organizations throughout the nation funded by NeighborWorks America, a nationwide, non-partisan, congressional chartered nonprofit that funds and helps regional and native businesses with inexpensive housing initiatives and communautary improvement. HOC is taken into account “exemplary” by NeighborWorks for exceeding its rigorous requirements for organizational efficiency.
Since 1998, HOC has created over 1,000 new house owners and supplied counseling and / or training companies to over 3,600 people and households. HOC workers have guided purchasers by way of the house shopping for course of, from making a price range, to bettering credit score and general monetary stability.
“The work we do strengthens our communities, helps neighborhood members and different companions and companies,” Somers mentioned. “Owners contact many sectors of the economic system through the shopping for course of and past – actual property brokers, lenders, appraisers, legal professionals, contractors, dwelling enchancment shops and extra.”
As a Chartered Member of NeighborWorks America, HomeOwnership Middle, Inc. (HOC) is a personal, not-for-profit, equal housing lender, housing counselor, and training supplier devoted to residents and future residents of Barbour, Lewis, Pendleton, Pocahontas, Randolph, Tucker, Upshur and Webster counties.
Our mission is to strengthen the communities of north central West Virginia by creating and supporting profitable owners by way of mortgage lending, credit score counseling, monetary counseling, and homebuyer training. We’re situated at 2276 Randolph Avenue in Elkins (US 219 North to Parsons Highway) and are open 8:00 a.m. to 4:30 p.m. Monday by way of Friday. For extra data name 304-636-9115 or go to www.hocwv.org.