Published at Thursday, May 03rd, 2018 - 02:34:40 AM. . By Luisella Alfonsina.
“We wanted to develop a program that would help people obtain a significant asset so that we weren’t just ending homelessness for people but actually providing the opportunity for them to climb out of poverty,” Fowler explains. “Owning a house means collateral for a loan, or something to sell and/or an asset to leave to a child or children.” Plus, new construction hasn’t been seen in this neighborhood (which includes numerous abandoned buildings and empty lots) in a while, although CCSS has rehabbed some buildings in the area. The budget for phase one of this project is $1.5 million, and $900,000 has already been committed, including $400,000 from Ford Motor Company.
Ask a real estate or design professional for guidance. While you may know what you want in your future home, a design professional or realtor could help you consider factors that aren’t tangible to the eye and touch. Factors such as energy savings/costs, possible affordability of mortgage payments, location to local resources like schools, churches and stores, and maintenance experience are all factors that a professional can give their guidance on.
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