Archive for the 'Uncategorized' Category

ANNUAL CREDIT REPORT

Jun. 29th 2020

WHAT A GREAT RESOURCE TO MONITOR CREDIT AND SCORES DURING COVID-19!

https://www.annualcreditreport.com/index.action
Annual Credit Report.com – Home Page AnnualCreditReport.com is the only official site explicitly directed by Federal law to provide them. About AnnualCreditReport.com. More than a score. There’s more to the game than a score. How you play changes your score. Details such as how much credit you have, how much you owe, and how often you pay affect your credit scores. www.annualcreditreport.com
Posted by naustin@hopefinancial.org | in Uncategorized | Comments Off on ANNUAL CREDIT REPORT

WE HAVE WORK TO DO ON THE 2020 CENSUS

May. 14th 2020

Here is Maryland’s current census count

I know how busy all of you are but we cannot underestimate the

significance of the census. When a vaccine for Covid-19 is created, it will be distributed on the basis of census data.

As the country begins to re-open,

economic and demographic information vital to

business activity will be based on the census.

Please keep the message going in your community.

FILL IT OUT & BE COUNTED!

Posted by starvinartist | in Uncategorized | Comments Off on WE HAVE WORK TO DO ON THE 2020 CENSUS

Unfair Housing in the U.S.

May. 1st 2020

By Antoine M. Thompson

The Fair Housing Act was signed into law by President Lyndon Johnson on April 11, 1968, one week after the Assassination of the late Rev. Dr. Martin Luther King, Jr.  Initially heralded as a major victory in the movement for Civil Rights in the U.S., the Fair Housing Law prohibited much of the overt or in your face discrimination based largely on race.  However, the law lacked teeth for enforcement due to loopholes and much more.  Just over 50 years later, housing in the U.S. remains largely racially segregated and very unequal.  

Discrimination in Purchasing a Home

Last year, Newsday, released a report, “Long Island Divided-Investigation,” a two-year investigation of housing discrimination of major southern suburbs of New York City. Prospective Black homebuyers were usually steered to mostly Black neighborhoods, and often required to provide a pre-approval letter from a lender before being shown a home by a real estate agent.  The opposite was true for prospective White homebuyers.  In fact, at least one Black buyer was told to provide a copy of their tax return prior to being shown a home. This pattern of housing discrimination is not unique only to New York State.

Discrimination by Race and Income

When the Fair Housing Act was passed it permitted an owner-occupied, two-family home or duplex to engage a limited form of discrimination.  Also, religious organizations and private clubs can discriminately limit housing to its members.  Further, we know that organizations like the National Fair Housing Alliance and many of their local affiliates often bust unscrupulous landlords for racial bias in renting apartments.  Unfortunately, in some neighborhoods in Maryland and across the country it is not uncommon for Black persons to be told that an apartment has been rented, only to be made available for a White person.  Additionally, sometimes Black people may have to pay twice the amount of deposit compared to a White person. There remains constant bias in housing against persons on public assistance programs like Section 8 (which provides financial assistance to help pay the rent).  

Discrimination by Family Composition

While the Fair Housing Act prohibits discrimination on family status or composition, there continues to be ads on social media, newspapers and other public places where property owners and landlords blatantly break the law. In recent years, Craigslist and Facebook were busted for allowing advertising on their website and social media networks that had postings such as “No tenants with Children.”  In recent years, the U.S. Department of Housing & Urban Development has sued and had various male landlords prosecuted for trying to exchange sex for rent payments with female tenants. 

More Must Be Done to Stop Housing Discrimination

Although the signs may not say, “No Blacks” or “Whites Only,” the legacy of Jim Crow and racial discrimination persists in the housing system with one process for Black people and another for White people.  Renting an apartment or buying a home “while Black” needs to become a thing of the past.  Increased funding for fair housing monitoring, education and outreach must be expanded at the local, state, regional and national level.  

Antoine M. Thompson is the Chair of the Board of Housing Options & Planning Enterprises (H.O.P.E.) a local community development corporation in Prince George’s County, Maryland.  He is also the National Executive Director for the National Association of Real Estate Brokers

Posted by starvinartist | in Uncategorized | Comments Off on Unfair Housing in the U.S.

Free 1st Time Homebuyers Virtual Conference!!!!!

Apr. 30th 2020

Join us for this interactive video conference to learn the steps for sustainable Homeownership.

FREE First Time Home Buyer 2-part Seminar via ZOOM

Thursday July 23rd, 2020 from 6:00pm – 8:00pm

Saturday July 25th, 2020 from 9:00am – 11:00am

All clients must attend both sessions in order to receive certification

Register at www.hopefinancial.org or call 301-567-3330 or 301-547-3536 (direct line)

ATTEND SEMINAR AND YOU CAN SIGN UP FOR A FREE 1ON1 CONSULTATION!!!!!!!

Nakia Austin: Education & Marketing Coordinator

H.O.P.E ( Housing Options & Planning Enterprises Inc. )301-567-3330 or 301-547-3536

Posted by naustin@hopefinancial.org | in Uncategorized | Comments Off on Free 1st Time Homebuyers Virtual Conference!!!!!

FREE TAX SERVICES:H.O.P.E will not be completing any TAX services at this time due to the CORONAVIRUS (COVID-19) If you have any questions, feel free to give us a call. We are still available to assist you in any way we can: Virtual 1st Time Homebuyer seminar;1on1 Financial Coaching; Home Retention (loss mitigation). Housing Options & Planning Enterprises Inc. (H.O.P.E)if you have any questions contact Nakia Austin: Education & Marketing Coordinator 301-567-3330 or 301-547-3536

Jan. 16th 2020

Posted by naustin@hopefinancial.org | in Uncategorized | Comments Off on FREE TAX SERVICES:H.O.P.E will not be completing any TAX services at this time due to the CORONAVIRUS (COVID-19) If you have any questions, feel free to give us a call. We are still available to assist you in any way we can: Virtual 1st Time Homebuyer seminar;1on1 Financial Coaching; Home Retention (loss mitigation). Housing Options & Planning Enterprises Inc. (H.O.P.E)if you have any questions contact Nakia Austin: Education & Marketing Coordinator 301-567-3330 or 301-547-3536

If you are considering buying in Baltimore city or county, you should not take this online workshop. Please view the requirements for Baltimore City and County

Sep. 6th 2017
Baltimore City Requirements

  • First-Time Homebuyers (see “Definitions” below) must complete Homebuyer Education with an organization approved by Baltimore City, and obtain a certificate of completion BEFORE entering into a contract of sale to purchase a home.
  • Move-Up Homebuyers (see “Definitions” below) must complete Homebuyer Education with an organization approved by Baltimore City, and obtain a certificate of completion BEFORE CLOSING.
Baltimore County   Requirements

  • Homebuyer Education must be received from one of the following agencies:
    • Belair-Edison Neighborhoods, Inc.
    • Diversified Housing Development
    • Eastside Community Development Corp., Inc.
    • Harbel Housing Partnership Program
    • St. Ambrose Housing Aid Center​​
  • Workshop and individual counseling must be completed and a certificate of completion received BEFORE the borrower enters into a contract of sale to purchase a home.

Also, Hartford County has specify requirements:

Harford Requirements

  • Homebuyer Education must include a minimum of two hours of one-on-one, face-to-face counseling and three hours of workshop counseling. The counseling must be conducted by a HUD-approved housing counseling agency or by a lender that uses the services of a mortgage insurer with an established education/counseling program.​

 

 

Posted by hopefinancial | in Uncategorized | No Comments »

HUD Raises the Bar for Housing Counselors

Dec. 19th 2016

Author: Brian Honea in Daily Dose, Featured, News December 14, 2016

image001Housing counselors participating in HUD-approved programs must now be certified in order to offer services to consumers, according to an announcement from HUD on Wednesday.

The new certification requirements call for counselors to pass a standardized written exam and work for a HUD-approved counseling agency. Congress directed HUD to develop a standardized certification program for housing counseling in response to the crisis, in order to “increase the competency of counselors in the full range of housing issues confronting consumers.” That range of issues includes protecting consumers from scams perpetrated by operators who prey on the most vulnerable consumers, according to HUD.

“Independent research shows that consumers working with a HUD housing counseling agency have better credit, more savings, and fewer foreclosures than similar non-counseled consumers,” HUD stated in its announcement.

In order to pass the examination, housing counselors must demonstrate competence in the following areas, according to HUD:

  • financial management
  • property maintenance
  • responsibilities of homeownership and tenancy
  • fair housing laws and requirements
  • housing affordability
  • avoidance of, and responses to, rental and mortgage delinquency and avoidance of eviction and mortgage default

 

HUD is offering training and study resources in both English and Spanish to help counselors prepare for the examination. Resources available include a practice test to be made available soon. HUD said it has target Spring 2017 as the publication date for the actual certification test. The final rule will take full effect three years from the time that the certification examination is published, according to HUD.

“Once HUD’s rule is fully implemented, housing counseling required by HUD or provided in connection with any HUD program will meet common standards and will be delivered by a HUD certified counselor working for a HUD-approved housing counseling agency,” HUD stated in its announcement.

Consumers seeking assistance will then be able to search an online database managed by HUD, containing a list of HUD-approved housing counseling agencies and certified counselors.

Click here to read HUD’s final rule.

Posted by hopefinancial | in Uncategorized | No Comments »

Maryland Mortgage Program (MMP)

Oct. 13th 2016

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