||To qualify for down payment assistance an applicant must complete the innovative Financial Freedom course, a certified financial and homeownership counseling program. Registration is available at: http://www.energema.org/upcoming-events.html. |
Participants in the Housing and Financial Counseling Program will learn the tools for successful financial management and homeownership in group sessions conducted once a week. Selected participants will also receive individual coaching once a week to help with budgeting, goal setting, saving, credit building, etc. Both the group and individual sessions will focus on teaching basic financial practices, preparing participants to become successful homeowners or independent renters.
Participants will graduate from the program prepared to meet the requirements of the local lending partners and various down payment assistance programs (CHIP, CHOICE, PEN, etc.). Those
participants who decide to delay home purchase will have the tools they need to become independent, responsible renters.
The 16 week program will be offered twice a year, spring and fall, on a first come – first served basis. Class size will be limited to 20 households.