Frontier Housing was recently designated a NeighborWorks® HomeOwnership Center. NeighborWorks® HomeOwnership Centers like Frontier are one-stop shops for all things related to homeownership. Being a NeighborWorks® Homeownership Center allows Frontier access to a national network of resources for training and lending pro-grams that brings all of its services full circle to increase its impact on communities. From professional homebuyer education, to lending, to new construction to energy efficient home repair, Frontier makes home-ownership easy.
NeighborWorks HomeOwnership Centers pave the road to long-term affordable homeownership for thousands of homebuyers and homeowners each year. We help area residents achieve homeownership the NeighborWorks way:
- Prepare for long-term homeownership through homebuyer education;
- Invest wisely with affordable and appropriate mortgage products; and
- Retain your home through preventative home maintenance, timely home repair and rehabilitation.
Frontier’s NeighborWorks® HomeOwnership Center is one of over 100 Neighbor-Works HomeOwnership Centers across the U.S. In 2010, NeighborWorks helped 16,700 homebuyers achieve their dream of homeownership. Services and products provided through the Center include:
- Homebuyer education courses;
- Individualized pre-purchase advice (including repairing or establishing credit);
- Home inspections, as well as renovation specifications and cost estimates;
- Affordable first mortgage financing;
- Affordable second mortgage financing for down payments, closing costs or renovations;
- Access to real estate agents and services, insurance services and contractor referral and construction monitoring;
- Workshops on home maintenance and repair;
- Post-purchase counseling, leadership development, budget and credit management and delinquency prevention strategies.
In FY 2010-2011, Frontier provided $2,658,772 in direct homeownership investment, served 76 families with a housing solution and built 25 quality, energy efficient homes. Frontier also provided $217,000 in “green” housing rehabilitation and granted over $11,000 in down payment and closing cost assistance for homebuyers to afford local bank loans totaling $274,000.