CHFA presents a Homebuyer Education workshop. (Photo: Colorado Housing and Finance Authority)
Education The Education pillar is centered around
The Education pillar also involves meeting with lenders and real estate agents to ensure they are informed of the various tools available for first- time Black and African American homebuyers. Additional educational initiatives are in the works, including some that go beyond the homebuying process, and focus on overall financial education and wealth-building. Resources The Resources pillar involves the delivery of intentional financial and technical resources through community-led and community- supporting organizations. In addition to offering information about first-time homebuyer loans and down payment programs—mainstays of CHFA’s homeownership program—we are committed to
equipping prospective first-time homebuyers with the knowledge they need to prepare for homeownership and to navigate the homebuying process once they’ve determined they are ready. Over last summer, CHFA organized a series of free in-community educational workshops in Denver, Aurora, and Colorado Springs targeted to Black and African American households interested in homeownership. These workshops focused on how to assemble a “homebuying team,” and participants heard from a panel of experts that included a housing counselor, a Realtor®, and a lender. More than 75 attendees connected with CHFA and community- based housing experts as they explored financial and educational resources at these workshops.
19 The Acumen
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