Hawaii Pacific Health’s Post

How does Long-term housing affordability work? It is often driven by the ability to raise the funds needed to close the “funding gaps.” Unfortunately, over time, the sources for gap funding have been over-subscribed. In true partnership, more flexible already-appropriated funds are needed to speed up development. Learn more https://lnkd.in/gqbgnXhK #affordablehousing

Dreaming of homeownership but feeling uncertain about the down payment? I’ve got you covered! It’s time to dive into the world of Down Payment Assistance Programs and discover how they can make your dreams come true. Here are a few key points to keep in mind: 1️⃣ Financial Boost: Down Payment Assistance Programs provide financial aid, grants, or low-interest loans to help bridge the gap between your savings and the down payment required. 2️⃣ Eligibility Criteria: Each program has specific requirements, such as income limits, credit scores, and property location. 3️⃣ Program Varieties: There’s a wide range of programs available, including state, local, and nonprofit options. 4️⃣ Repayment Terms: Depending on the program, some assistance may be forgivable, while others may have repayment requirements over time. Understand the terms and conditions before making a decision. So…Research, explore, and open doors to new possibilities. Your dream home awaits! 🏠💫 #danvillerealestate #alamorealestate #danvillehomes #alamohomes #danvilleliving #alamoliving #danvilleproperties #alamoproperties #danvillerealtor #alamorealtor #danvillehomesearch #alamohomesearch #danvilleneighborhood #alamoneighborhood #danvilledreamhome #alamodreamhome #shancarver #findyourdreamhome

🏠If you haven't heard about the Welcome Home Fund, which provides unrestricted cash grants to Black and Hispanic/Latino families to become first-time homeowners in Greater Boston, today's the day to learn more. 📰The Boston Business Journal has published an op-ed authored by our CEO Markita Morris-Louis, Esq. and Joshua Muncey, founder of the The Muncey Group about the housing affordability crisis facing Black and Brown families in Massachusetts and how the Welcome Home Fund is taking action today to make a difference. What's special about the Welcome Home Fund? ⭐It places a deep trust in families and their dreams ⭐It's driven by a sense of urgency to take action today without creating unnecessary barriers ⭐It provides $20,000 to families to use for their down payment and other related purchasing expenses ➡️Read more: https://lnkd.in/dyr36Kj6 #homeownership #wealthbuilding #solutions #boston

Today marks the fourth #givingtuesday since the onset of the COVID-19 pandemic—the fourth opportunity to make an impact in the lives of those who are still facing financial crises as a result of the pandemic. Each Community Roots household has accumulated an average rent debt of roughly $2,978. Despite collaborative efforts to administer rental assistance and establish payment plans, 40% of Community Roots households remain behind on rent payments. Many of these residents fell behind only after the onset of the pandemic. As we approach the fourth year since the COVID-19 outbreak, the persistent financial instability for low-income households indicates the need for a new approach. Supplemental funding alone—though impactful in the short term—is no longer enough to address individual root causes behind unpaid rent.   That is why we’ve launched the Housing Stabilization Program. This pilot project combines one-time rental assistance with personalized, coordinated services that aim to address the “why” behind each individual household’s economic insecurity. Beyond establishing back rent payment plans, these services could include support with finding employment opportunities, accessing mental health or substance use care, or securing supplemental benefits to cover the costs of food and other basic needs. Learn more about the Housing Stabilization Program and how you can help by visiting https://lnkd.in/gd6w4sRM

https://lnkd.in/g7h6dkCe 🏘 Exciting News for Kent County! 🎉 Last week the Kent County Commission took the next step in launching the Kent County Homes Fund. 🌟 What does this mean for West Michigan? Kent County’s investment makes it the largest of its kind and the second fund to be created in West Michigan. Both Ottawa and Kent Counties have now moved forward with these ground-breaking initiatives. What is the Kent County Homes Fund? 🏡 What is the Kent County Homes Fund? The revolving loan fund will provide a steady source of capital that can be reinvested into new projects as loans are repaid. This self-sustaining model will amplify the impact of each dollar invested, fostering a cycle of progress that will continue to uplift our community for decades. 🏙 Why Does This Matter? This is critical movement forward in our ongoing efforts to ensure that every individual and family has access to safe, stable, and affordable housing. 🤝 The approval to move forward with local Community Development Finance Institution (CDFI) IFF has set a powerful example for other communities nationwide, highlighting the transformative potential of innovative financing mechanisms to address housing supply challenges.

💡Curious about Community Development Finance Institutions (#cdfis )? Discover how Lendology CIC, as a #cdfi , supports homeowners through council funded home improvement loans [Read more] https://lnkd.in/dVguwu-G  #FinancialInclusion #EmpoweringCommunities #Lendology

Dreaming of homeownership but feeling uncertain about the down payment? I’ve got you covered! It’s time to dive into the world of Down Payment Assistance Programs and discover how they can make your dreams come true. Here are a few key points to keep in mind: Financial Boost: Down Payment Assistance Programs provide financial aid, grants, or low-interest loans to help bridge the gap between your savings and the down payment required. Eligibility Criteria: Each program has specific requirements, such as income limits, credit scores, and property location. Do your research and find the program that suits your needs. Program Varieties: There’s a wide range of programs available, including state, local, and nonprofit options. Explore different programs to find the one that aligns with your circumstances. Repayment Terms: Depending on the program, some assistance may be forgivable, while others may have repayment requirements over time. Understand the terms and conditions before making a decision. So…Research, explore, and open doors to new possibilities. Your dream home awaits! #realestatelife #realtorsofinstagram #sellingyourhome #getpreapproved #downpaymentassistance #pocketlistingking #pocketlistingsatlanta #atlanta #atlantahomes #atlantarealestate #sellingatlanta #AtlantaTopRealtor #kwwestatl #KWWA #KellerWilliamsWestAtlanta #homesforheroesatlanta #bionsellshomesfast #thebiongradyteam

Home is more than just a place; it’s a sanctuary where families grow, memories are made, and dreams are nurtured. Unfortunately, for many in our community, the dream of having a stable, safe, and affordable home remains out of reach. This realization has fueled my passion and commitment to help individuals and families in my community secure the homes they deserve. The journey to housing stability is often fraught with challenges. Economic disparities, rising property costs, and unexpected life events can all contribute to housing insecurity. Recognizing these obstacles, I’ve dedicated myself to supporting initiatives and organizations that work tirelessly to provide housing solutions and support to those in need. Another essential aspect of my mission is connecting individuals and families with resources and information. Many people are unaware of the programs and assistance available to them. By educating my community about housing grants, low-interest loans, I can help bridge the gap between those in need and the resources designed to help them. Hosting workshops, creating informational materials, and partnering with local agencies are all ways to spread this vital information. #HOME OWNERSHIP #WEALTH BUILDER #LOOKINGFORPARTNERS

The Propmodo article "Communities Work to Create Lasting Affordability Through Local Development" highlights the innovative Growing Diverse Housing Developers initiative. The program is a partnership of LIIF and two other CDFIs, Capital Impact Partners and Reinvestment Fund, and is powered by a $30 million investment by Wells Fargo. The article discusses strategies—such as inclusionary zoning, community land trusts, and mixed-income developments—to ensure that housing remains affordable amidst rising costs. Successful examples are highlighted. https://bit.ly/4dLbpOe #AffordableHousing #LocalDevelopment #CommunityDevelopment #InnovationInHousing #GrowingDiverseHousing #LIIF #CDFIs #CapitalImpactPartners #ReinvestmentFund #WellsFargo #InclusionaryZoning #CommunityLandTrusts #MixedIncomeDevelopments #SustainableCommunities #HousingSolutions

Highlighting our commitment to our communities and people: proof to work for such an important part of our financial and wealthbuilding infrastructure