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Home Ownership

Home ownership is something we all appreciate. At ICCF, families can get there through education, enablement and empowerment. ICCF's Home Ownership Preparation and Education Program (HOPE) offers an array of home ownership programs and services that enable families to become successful homeowners.

When families first enter the HOPE program they go through a 2-part series called Introduction to Home Ownership. From there families can participate in a number of programs depending on what obstacles they face before they can become a homeowner. For example, qualified families can enter the Lease/Purchase program where they can lease an ICCF built home for 2 years. After completeing all of the program requirements, they go on to purchase their homes with 2/3rds of their lease payments being applied to the purchase.

ICCF's Home Ownership program is the largest in the state of Michigan and offers a vast array of services that assist over 900 families on the road to home ownership each year. ICCF program participants have great success in reaching their housing goals, but the real results are in stronger families, safer children, revitalized neighborhoods and restored hope. This is something everybody can believe in. At ICCF, we are strongly committed to the principle that housing is more than shelter. Housing is a place where life happens; it is a place where the day starts and stops. Housing is a place where relationships are formed and deepened. Housing is a place where we find safety and security; it is a refuge. At ICCF, we are in the business of making places to come home to.


FY 2005

Introduction to Home Ownership: 822 participants

Lease/Purchase Program: 215 families currently enrolled, 10 lease-ups; 16 sale closings

Home Ownership Management and Maintenance Workshops: 42 families

Financial Management: 141 families

IDAs: 89 active accounts, 31 new accounts

Prepurchase, Credit Remediation, Foreclosure Prevention Counseling: 927 families

Homestart Mortgage: 4 closings


If you are interested in applying for one of ICCF's home ownership programs you must first attend the Introduction to Home Ownership Series. Classes are offered on a monthly basis and there is a $5 registration fee per person. Call 616-336-9333 to register.

Inner City Christian Federation

 


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