Homeownership Education
Real estate industry leaders and government housing agencies agree that high-quality housing counseling and education are vital to the homeownership experience. In most communities, housing plays a crucial role in creating a sense of place and supporting basic needs to a sustainable lifestyle.
The Community & Economic Development unit at Prairie View A&M University realizes that homeownership is the foundation for building and maintaining wealth in communities. The CED staff is here to provide hands-on assistance, outreach, and education to help individuals and communities build or sustain wealth through homeownership.
About CED Homeownership Programs
Our mission is simple “Promote and Advance Successful Homeownership,” through evidence-based programming focusing on financial literacy and homeownership education. Buying a house for the first time or preserving a home can be challenging; therefore, we encourage you to participate in our FREE homeownership programs and workshops.
Core Programs & Workshops
- Annual Housing Fair “Connecting People and Real Estate Professionals”
- Freddie Mac CreditSmart Program
- Homeowner Education
- USDA Rural Development 502 Rural Home Loans (Direct Program)
Every journey to the front door is unique. Our programs help potential, current, and future home buyers/renters understand the complex home buying process and learn the actual costs of responsible homeownership.
Benefits of CED Homeownership Programs & Assistance
- Access and information to repair loans and grants
- Information to available down-payment assistance programs
- Certified CreditSmart Education and Counseling
- Certified Packaging Services for USDA Rural Development 502 Rural Home Loans (Direct program)
- Low or no down payment required
- Low to no closing costs
- Private Mortgage Insurance (PMI) is not required
Homeownership Done Right Success Stories & Testimonials
The Jones home purchase yielded 40K in equity before stepping foot into their new home with a 2.75% interest rate. “Since starting the process, Eisha (Liberty County CED Extension Agent) put us on a strict budget. We paid off all our debt in the process, and we are grateful she made it possible for our family to purchase a home of our own”. – The Jones Family, First-time homebuyers
What seems like a nightmare turned into a blessing of $9,960 in a down-payment and closing cost assistance. The Sanders family started their quest for homeownership by reaching out to Nate Peterson (CED Program Specialist). After a few counseling and educational sessions, the family organized their finances, eliminated significant debt, and increased their savings to prepare for homeownership. As a result, the family secured a low-interest rate and bought a newly constructed home. “Nate was patient and knowledgeable about the home buying process, and he was our go-to source for reliable information and resources. Without his motivation and help, we would have given up throughout this challenging process.” The Sanders Family, First-time homebuyers
Get more information here:
The Community & Economic Development (CED) unit believes that the journey to homeownership needs to be accessible. Homeownership education provides general instruction to increase your knowledge of the homebuying process. Complete our CED Community Insight Survey, and a member of our team will contact you for more information and program details.