Housing Counseling
The Worcester East Side CDC is a partner in the NeighborWorks Home Ownership Center, a collaborative among several local agencies and the City of Worcester. At the Center the CDC offers critical components of its housing efforts in the community - first-time homebuyer education, financial counseling and post-purchase technical assistance. These programs provide potential buyers with classroom and individual guidance throughout the entire home purchase and ownership process. Vital information in each of these areas is covered. Potential buyers are connected with down payment assistance funds and mortgage lenders. New homeowners are assisted with the location, screening and establishment of tenancies for their rental units. Afterward, they continue to receive post-purchase counseling to ensure their continued success as new homeowners. Additional technical assistance is offered in areas such as financial and property management, tenant/landlord issues, lead paint/home improvement loans and home/apartment searches.
The organization is also a partner in the regional Foreclosure Prevention Center with the United Way and several other agencies. This collaborative effort is designed to assist those that are facing foreclosure with technical and financial resources to help keep them from losing their homes.
This CDC provides a full-time counselor at the NeighborWorks Home Ownership Center who is fully trained and certified in all necessary aspects of the programs offered there. A link to the Center is provided below:
www.hocw.net
Potential homeowners attend an evening seminar.