For Questions about This Press Release Contact: Donna Andreozzi
Homeownership Program Coordinator
Church Community Housing Corporation
50 Washington Square
Newport, RI 02840
401-846-5114 dandreozzi@cchcnewport.org
For Immediate Release:
Church Community Housing Corporation, a non-profit housing and community development organization with a 44-year history of serving Newport County, is offering homebuyer education. Classes begin in Tiverton 1-16-2014, meeting every other week for eight sessions, from 6:00 – 8:00 p.m. Call for more information and to reserve a seat.
Find out what's happening in Tiverton-Little Comptonwith free, real-time updates from Patch.
Homebuyer Training educates people in the steps involved in buying a home. Purchasing a home is the largest financial transaction most people ever make and is one of the best ways for people to build wealth. A well-informed consumer plans and makes good decisions.
The content of the eight classes includes determining individual affordability, comparing renting to owning, saving money, improving credit, obtaining a mortgage, and learning about land trusts, affordable homeownership options (including new construction in Tiverton & Charlestown) and downpayment assistance programs. In one-on-one meetings with the instructor, each participant creates a spending plan, reviews his/her credit and credit scores and develops an action plan.
Find out what's happening in Tiverton-Little Comptonwith free, real-time updates from Patch.
A Homebuyer Education Certificate is presented to participants who successfully meet all program requirements. This certificate is accepted by Rhode Island Housing and area banks with programs requiring homebuyer education. The cost for the entire course is $50 per household, plus a $14 per person credit report fee that generates two credit scores.
To register and get more information, contact Donna Andreozzi at 846-5114, ext. 12 or at dandreozzi@cchcnewport.org or visit our website www.cchcnewport.org
