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Recognizing Home Ownership in June

Wednesday, June 05, 2019

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June is National Homeownership Month. National Homeownership Month is a time to reflect on the positive impact that owning a home has on both individuals and communities.

Homeownership allows individuals and families to build wealth and secure a stable financial future. A 2017 Federal Reserve report placed the median net worth of a homeowner at 44 times that of a renter.

GROW South Dakota has long served as a valuable resource for homebuyers. We offer homebuyer education and individualized counseling, as well as direct mortgage lending and down payment assistance. Our experienced staff helps walk individuals through the home buying process.

homeownership Through our homeownership program, GROW South Dakota was able to assist a disabled 64-year-old woman with the purchase of her first home. In addition to helping secure financing, she was able to complete our homeownership education course.

Homeownership education helps each customer gain the knowledge and confidence needed to purchase a home; it teaches sustainability, ensuring that all individuals are able to maintain and stay in their homes.

“I appreciate GROW South Dakota. They helped me a bunch,” she says. “They helped me put everything in place so that I could buy a home.”

To learn more about our direct lending, down payment, and homeownership education programs, please visit: http://www.growsd.org/growsd/housing

 

Category: GROW SD

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A Half-Century of Serving South Dakotans

In 1978, NESDCAP created the Northeast South Dakota Economic Corporation (NESDEC) as a revolving loan fund to focus on small business lending and job creation in 22 counties. In 2007, Grow South Dakota, was formed to provide housing, community and economic development statewide. Through services to individuals, technical assistance to community and economic development agencies, and loans to small businesses and homebuyers, GROW South Dakota has had broad and lasting impact.

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GROW South Dakota

GROW South Dakota
104 Ash Street East | Sisseton, SD  57262
Phone (605) 698-7654 | Fax (605) 698-3038 info@growsd.org