Mayors of Fargo, West Fargo, Moorhead, and Dilworth signed a proclamation today at the Home Builders Care Build for Habitat, 902 27th St. N. in Fargo, designating June as Homeownership Month for each city.
Home Builders Association of F-M and the Home Builders Care Foundation have partnered with Lake Agassiz Habitat for Humanity to sponsor a home, marking the first of Lake Agassiz Habitat’s 2012 build season.
Press conference attendees included Fargo Mayor Dennis Walaker; West Fargo Mayor Rich Mattern; Moorhead Mayor Mark Voxland; Dilworth Mayor Chad Olson; Lake Agassiz Habitat for Humanity Director Rob Rich and Home Builders Association of F-M President Terry Becker, Terry Becker Construction, LLC.
Fargo and Moorhead offer home buyer education classes through The Village Family Service Center. Those participating in the home buyer education seminars may be eligible for down payment assistance depending on income. The Village has been offering home buyer education since 1994, and a fact sheet was provided.
Organizations involved in housing such as the F-M Area Association of Realtors, Home Builders Association of Fargo-Moorhead, The Village Family Service Center, Habitat for Humanity and local city governments, in cooperation with the U.S. Department of Housing and Urban Development, coordinated the event.
The focus of National Homeownership Month is to recognize efforts to strengthen communities and to give countless American families the information necessary to achieve their dream of homeownership. With today’s continuing low interest rates, homeownership has never been more accessible to so many people. Contributing to a strong economy, home ownership enriches families and has come to symbolize the realization of the American Dream. Home equity accounts for more than half of the total net wealth of the typical home-owning family, making homeownership the primary source of a household’s net worth and the fundamental first step toward accumulating personal wealth.