Wake Forest partnering with DHIC, Inc. to offer free Homeownership Counseling Services

Wednesday, March 6, 2024 - 12:53pm

The Town of Wake Forest and DHIC, Inc. (formerly Downtown Housing Improvement Corporation) are partnering to offer free homeownership counseling services to Wake Forest residents earning less than 80 percent of the Area Median Income (AMI).

Designed for residents finding it difficult to purchase a home or make payments on a home, the free counseling services include:

  • Pre-Purchase & Post-Purchase Counseling - Counselors walk clients through each step from qualifying for a mortgage to closing on a home. Credit, budget, income, and savings are reviewed, and a strategy is implemented to help the client reach their goal of homeownership.

  • Financial Capability Counseling - Clients are provided with detailed credit and budget counseling. The Counselor assigns client tasks and encourages accountability. This service is for clients who may not be interested in homeownership or may be more than one year away from homeownership.

  • Homebuyer Workshop - This eight-hour workshop is based on a comprehensive curriculum developed by NeighborWorks® America and is delivered by DHIC and guest speakers. Currently the workshop is offered in two, four-hour virtual sessions on two consecutive Saturdays. Classes are offered monthly. Workshop schedule is listed on the DHIC website at https://housingpartnership.net/about/members/dhic-inc.

Again, these services are free and available to Wake Forest residents earning less than 80 percent of the AMI. To learn more or find out if you qualify, contact Planner I Antione Jordan at [email protected] or 919-435-9581.