Classes Coming up at HUD-Approved Community Housing!!

the next round of classes have been scheduled for soon-to-be homeowners and thoses who want to learn more about financial literacy and the homebuying process. The classes are stand alone and totally FREE, so you can take them in any order. Call 945-1866 to register.

The US Department of Housing and Urban Development has approved New Albany Community Housing as a Housing Counseling Agency. So the FREE classes at the CHDO office will earn homebuyers a certificate that will help gain that bank approval for your first mortgage!

The City of New Albany Redevelopment Commission, National City Bank and Freddie Mac support the series of free credit and homebuyer education classes and credit/budget classes for families to prepare to own their own homes. Deputy Director and Client Services Manager Pat Yense-Woosley is pleased to be able to offer the FREE classes at the new expanded CHDO office at 802 Linden Meadows Court. The classes will teach you the ins and outs of homeownership and will help you manage your finances so you will be ready to become a homeowner. Pat offers the classes at various times (see schedule below) for your convenience. We encourage older children to attend to help get off to a good understanding of how to manage their finances.

The classes are stand alone, so you can take them in any order:

2009 Class Schedule

Credit Smart 1/13/08 Tues. 5:30 p.m. to 9:00 p.m.
Homeownership #1 1/14/08 Wed. 5:30 p.m. to 9:00 p.m.
Homeownership #2 1/15/08 Thurs. 5:30 p.m. to 9:00 p.m.

Credit Smart 2/7/08 Sat. 9:00 a.m. to 1:00 p.m.
Homeownership #1 2/14/08 Sat. 9:00 a.m. to 1:00 p.m.
Homeownership #2 2/21/08 Sat. 9:00 a.m. to 1:00 p.m.

Credit Smart 3/3/08 Tues. 5:30 p.m. to 9:00 p.m.
Homeownership #1 3/10/08 Tues. 5:30 p.m. to 9:00 p.m.
Homeownership #2 3/17/08 Tues. 5:30 p.m. to 9:00 p.m.

Credit Smart 4/11/08 Sat. 9:00 a.m. to 1:00 p.m.
Homeownership #1 4/18/08 Sat. 9:00 a.m. to 1:00 p.m.
Homeownership #2 4/25/08 Sat. 9:00 a.m. to 1:00 p.m.

Credit Smart 5/12/08 Tues. 5:30 p.m. to 9:00 p.m.
Homeownership #1 5/13/08 Wed. 5:30 p.m. to 9:00 p.m.
Homeownership #2 5/14/08 Thurs. 5:30 p.m. to 9:00 p.m.

Credit Smart 6/2/08 Tues. 5:30 p.m. to 9:00 p.m.
Homeownership #1 6/9/08 Tues. 5:30 p.m. to 9:00 p.m.
Homeownership #2 6/16/08 Tues. 5:30 p.m. to 9:00 p.m.

Credit Smart 7/21/08 Tues. 5:30 p.m. to 9:00 p.m.
Homeownership #1 7/22/08 Wed. 5:30 p.m. to 9:00 p.m.
Homeownership #2 7/23/08 Thurs. 5:30 p.m. to 9:00 p.m.

Community Housing has two more houses nearing completion

New Albany Community Housing is working hard on two more new homes to be built and sold to first time homebuyers by the end of the year. The houses are 1,300-square foot, two-story, three-bedroom houses that will be next to each other at 1413 and 1415 South Street. The houses feature a full front porch, large living room with a vaulted ceiling, two full bathrooms and lots of windows and closet space. Upstairs are two bedrooms, a laundry room and a bonus room for a play or study area. The all-electric homes are fully insulated to be economical and energy efficient. A similar house is nearing completion at 708 Culbertson Avenue.

The homes will be sold at substantial discounts through a grant from Indiana Housing & Community Development Authority and HUD. The program also helps buyers find additional downpayment assistance and low mortgage rates through government programs.

To qualify, buyers will enroll in Community Housing’s free Homebuyer Education program, which features both credit & budgeting and first time homeowner classes, as well as one-on-one financial counseling. The classes are offered at various times to accommodate the family’s schedules.

Community Housing is also developing a 25-home project utilizing homes donated by Floyd Memorial Hospital and other donors. These houses are also being offered at substantial discounts to families in the program. Call 945-1866 for information and to enroll.