Tennessee Housing Development Agency Recognizes United Housing for High Rankings

United Housing, Inc. received recognition for high state rankings during the 2014 Tennessee Housing Development Agency (THDA) Homebuyer Education Initiative Peer Session. Specifically, the organization was ranked as a top five agency in three categories for its Homebuyer Education impact.

“The proven success and positive economic impact of homebuyer education, combined with this recent recognition from THDA and NeighborWorks, is extremely encouraging,” said Tim Bolding, Executive Director at United Housing. “Our team continuously works to ensure United Housing’s program is successful for our clients.”

Hosted by THDA and NeighborWorks America in Nashville, Tenn., the Homebuyer Education Initiative (HBEI) Peer Session gathers housing industry leaders from across Tennessee together for two days of training. During the event, THDA and NeighborWorks America recognized Tennessee Community Development Corporations (CDC), including United Housing, in various categories for their homebuyer education accomplishments during fiscal year 2014.

Each category included 32-38 CDCs, and United Housing received the following recognition under THDA’s Homebuyer Education Initiative:

·       Fourth in the state: Total Urban Loan Production

o   72 customers served and $5.96 million total loans funded

·       Fourth in the state: Total Loan Production

o   112 customers served and $10.75 million total loans funded

·       Fifth in the state: Total Rural Loan Production

o   40 customers served and $4.8 million total loans funded

About Tennessee Housing Development Agency

As Tennessee’s housing finance agency, the Tennessee Housing Development Agency (THDA) is a self sufficient, independently funded, publicly accountable entity of the State of Tennessee. THDA’s mission is to ensure that every Tennessean has access to safe, sound, affordable housing opportunities. More information about THDA programs can be found online at www.thda.org.

About NeighborWorks® America

For 35 years, NeighborWorks America has created opportunities for people to improve their lives and strengthen their communities by providing access to homeownership and to safe and affordable rental housing. In the last five years, NeighborWorks organizations have generated more than $19.5 billion in reinvestment in these communities. For more information, visit www.nw.org.

Invest in United Housing’s Homebuyer Education

Did you know individuals enrolled in Homebuyer Education are 30% less likely to foreclose on their home?

The heart of United Housing’s mission is teaching families to become financially stable homeowners and good neighbors. Our Homebuyer Education program helps us accomplish this goal by providing customers with the skills to get approved for a mortgage, work with a realtor, work on their credit score, budget for a new home and more.

With this mentioned, we’d like to introduce our latest sponsorship opportunity, the Invest in Homebuyer Education program. We’ve set a goal to raise $24,000 for our Homebuyer Education program during our fiscal year 2015, and invite you to help us reach that goal at one of two levels:

• Individual level - $500 to sponsor a week
• Corporate/Lender level - $2,000 to sponsor a month

Your investment is a key piece in helping us provide local families with the necessary homeownership skills. Sponsorship recognition is available online, in our newsletters and at our office.

If you have any questions or would like to sponsor our Homebuyer Education program, please contact Amy Schaftlein at (901) 728-6937 or aschaftlein@uhinc.org.

To preview the Homebuyer Education schedule, please visit the link.

United Housing's Sharon Walker Explains the Impact of Homebuyer Education

Did you know people who complete the Homebuyer Education program are 30% less likely to foreclose on their homes? Long term homeownership creates healthy neighborhoods. Watch this video to learn more about the impact of Homebuyer Education from Sharon Walker, Director of Homebuyer Education at United Housing.

Visit www.uhinc.org to get our schedule of free Homebuyer Education classes, or contact Amy Schaftlein at aschaftlein@uhinc.org to find out how you can support this much-needed program.