U of I Extension Presenting Homeownership Program in Mt Vernon
University of Illinois Extension is collaborating with Pavey Chapel, USDA Rural Development, Crosswalk and the City of Mt Vernon to provide information on homeownership in Mt Vernon. The program called “Welcome Home” is scheduled for Tuesday, June 20, 2017 from 6:00 to 8:00pm at Pavey Chapel located at 1004 S. 10th Street in Mt Vernon. There is no charge for the event.
Michelle Laskowski will be presenting information about the USDA Rural Development loan programs. Nathan McKenna from the City of Mt Vernon will be discussing the City’s Mow-to-Own program including eligibility and cost. A representative from Crosswalk will be talking about the home improvement grants that are available for eligible residents of Mt Vernon that currently own a home. Finally, Pam Schallhorn, Extension Educator will be holding a Q&A on tips on financing a home.
“Homeownership is still one of the best ways for people to build wealth. After doing a bit of research, we found that many people in Mt. Vernon were not aware that these programs were available. We wanted to make sure that everyone understood the opportunities that were out there for them to purchase a home,” Pam Schallhorn, Extension
“USDA Rural Development helps people realize their dream of homeownership in a rural area, or make needed home repairs when conventional lenders cannot. USDA partners with lenders to provide the most affordable mortgage options through loan guarantees, offers direct mortgage loans for low-very low-income families, loans to repair or improve homes for people with disability or limited income, and grants to remove health and safety hazards for seniors age 62 and older.” Michelle Laskowski, USDA Rural Development.
There is no charge for the event. For more information, contact the Jefferson County Extension office at 618-242-0780.