Bedford Central Community Development Corporation
Presents Its 4th Annual Home Buyers Seminar Series
Program provide participants with tools to secure & sustain homeownership
By Keith L. Forest
Presents Its 4th Annual Home Buyers Seminar Series
Program provide participants with tools to secure & sustain homeownership
By Keith L. Forest
Purchasing a home in today’s current economy seems like a long shot. With banks strict lending policies and foreclosures abound, the American Dream seems more like a nightmare. However, according to Wayne Devonish, Executive Director of Bedford Central Community Development Corporation now is the perfect time.
“There is no better time to become a homeowner than today,” affirms Mr. Devonish. “Mortgage rates are at an all time low, purchasers have more negotiating power and there are grants and funding available for qualified first time home buyers.”
On October 20, Bedford Central Community Development Corporation will host its 4th annual Home Buyer Seminar. The courses will take place at Bedford Central Presbyterian Church, 1200 Dean Street, Brooklyn, NY. The workshops, which are co sponsored by Assemblywoman, Annette Robinson and Assemblyman, Karim Camara, includes a comprehensive 16 week program designed to turn qualified potential home shoppers into financially secure homeowners. “Homeownership is an excellent community stabilizer that provides an excellent incentive for homeowners to take an active role in their community,” says Mr. Devonish, who is a Bedford-Stuyvesant homeowner.
As part of its Literary Institute, which takes a holistic approach to educate Central Brooklyn residents in money management, Bedford Central Community Development Corporation instituted its Home Buyers Program. The 16 week workshops, which are sponsored by JPMorgan Chase, Carver Federal Savings Bank, Nau Corp Properties, HSBC, Wells Fargo, Home Market Realty, Flateau Realty, and Delta Sigma Theta Brooklyn Alumnae Chapter, are divided into four- four week courses covering such topics as: Getting Ready for Home Ownership – which goes over the financial qualifications and the role of realtors, attorneys and home inspectors; Repairing Your Credit – covers budgeting, saving and paying down debt; Budgeting for Your Home Purchase & Getting Pre-Qualified or Approved – addresses contracts, applications, predatory lending and insurance; and Minor Repair & Maintenance of your Home or Apartment - which covers basic repairs and upkeep.
The goal of the workshops, which are taught by a team of seasoned professionals, is designed to provide participants with comprehensive training in debt management while placing them on a managed savings program in an effort to help them secure prequalification for a low-interest rate loan. In addition, participants received home maintenance training and are able to network with housing professionals. Each graduate receives a certificate upon completion. “This program helps get them into a home in a structured and safe manner that ensures success,” states Mr. Devonish.
Bedford Central Community Development Corporation (BCCDC) is a non-profit agency that aspires to strengthen the lower and middle income populations in the Central Brooklyn areas. This specific population continues to endure tremendous adversities and often lack the resource and opportunities afforded to more affluent New York neighborhoods. Bedford Central Community Development Corporation recognizes the importance of empowering these neighborhoods in the hopes of fueling the local economy and fostering relationships within the community, participants of (BCCDC) programs and funders. (BCCDC) aims to combat the stereotypical phenomenon by assisting individuals with tangible assistance on realizing their dreams and ultimately living to their fullest potential.
Photo Caption – Left to Right – Josh Lockwood, Executive Director, New York City Habitat for Humanities(left) and Rodheyse Bichotte, Delta Sigma Theta Sorority Alumnae Chapter (right) congratulate a 2008 Home Buyer Graduate.
“There is no better time to become a homeowner than today,” affirms Mr. Devonish. “Mortgage rates are at an all time low, purchasers have more negotiating power and there are grants and funding available for qualified first time home buyers.”
On October 20, Bedford Central Community Development Corporation will host its 4th annual Home Buyer Seminar. The courses will take place at Bedford Central Presbyterian Church, 1200 Dean Street, Brooklyn, NY. The workshops, which are co sponsored by Assemblywoman, Annette Robinson and Assemblyman, Karim Camara, includes a comprehensive 16 week program designed to turn qualified potential home shoppers into financially secure homeowners. “Homeownership is an excellent community stabilizer that provides an excellent incentive for homeowners to take an active role in their community,” says Mr. Devonish, who is a Bedford-Stuyvesant homeowner.
As part of its Literary Institute, which takes a holistic approach to educate Central Brooklyn residents in money management, Bedford Central Community Development Corporation instituted its Home Buyers Program. The 16 week workshops, which are sponsored by JPMorgan Chase, Carver Federal Savings Bank, Nau Corp Properties, HSBC, Wells Fargo, Home Market Realty, Flateau Realty, and Delta Sigma Theta Brooklyn Alumnae Chapter, are divided into four- four week courses covering such topics as: Getting Ready for Home Ownership – which goes over the financial qualifications and the role of realtors, attorneys and home inspectors; Repairing Your Credit – covers budgeting, saving and paying down debt; Budgeting for Your Home Purchase & Getting Pre-Qualified or Approved – addresses contracts, applications, predatory lending and insurance; and Minor Repair & Maintenance of your Home or Apartment - which covers basic repairs and upkeep.
The goal of the workshops, which are taught by a team of seasoned professionals, is designed to provide participants with comprehensive training in debt management while placing them on a managed savings program in an effort to help them secure prequalification for a low-interest rate loan. In addition, participants received home maintenance training and are able to network with housing professionals. Each graduate receives a certificate upon completion. “This program helps get them into a home in a structured and safe manner that ensures success,” states Mr. Devonish.
Bedford Central Community Development Corporation (BCCDC) is a non-profit agency that aspires to strengthen the lower and middle income populations in the Central Brooklyn areas. This specific population continues to endure tremendous adversities and often lack the resource and opportunities afforded to more affluent New York neighborhoods. Bedford Central Community Development Corporation recognizes the importance of empowering these neighborhoods in the hopes of fueling the local economy and fostering relationships within the community, participants of (BCCDC) programs and funders. (BCCDC) aims to combat the stereotypical phenomenon by assisting individuals with tangible assistance on realizing their dreams and ultimately living to their fullest potential.
Photo Caption – Left to Right – Josh Lockwood, Executive Director, New York City Habitat for Humanities(left) and Rodheyse Bichotte, Delta Sigma Theta Sorority Alumnae Chapter (right) congratulate a 2008 Home Buyer Graduate.
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