Fairfield County Community Foundation Grants HDF $25K to Support Hard Working Families on their Journey to Becoming Homeowners
STAMFORD, CT — This June the Fairfield County Community Foundation awarded Housing Development Fund (HDF) with a $25,000 grant to support their First-Time Homebuyer Counseling Program. The program enhances economic opportunity for its clients, providing free counseling and guidance to help low-and moderate-income households become prepared to purchase a home.
The First-Time Homebuyer Program helps prospective buyers get ready to purchase with the following services, all free of charge; Mortgage Readiness Assessment, One-on-One Counseling,, and Homebuyer Education Classes. The process helps develop action steps to correct credit problems, increase savings, reduce debt, and move towards homeownership. The multilingual counselors have helped over 7,300 families in the long and often arduous process of purchasing a first home and over 1,600 people have become homeowners through HDF. The counselors are there for the homebuyers for as long as the process takes.
“The FCCF is committed to enhancing the capacity of our grantees as we believe strong organizations have a greater impact in the community. We are pleased to support this initiative and look forward to staying in touch with you in the coming year.” – Nancy von Euler, Program Director, Fairfield County Community Foundation
“HDF has had a strong and enduring relationship with FCCF, and we are grateful the support they provide not only to us, but to so many agencies throughout Fairfield County. This support for HDF’s counseling programs will help us to continue offering appropriate support to hardworking families who want to buy their first home, and are looking for guidance and help with accomplishing this goal the right way. Helping these families helps strengthen our communities, and FCCF’s support helps HDF to keep delivering great service to our neighbors.” – Joan Carty, President and Chief Executive Officer, HDF
About Fairfield County Community Foundation – The Fairfield County Community Foundation promotes the growth of community and regional philanthropy to improve the quality of live throughout Fairfield County. Individuals, families, corporations and organizations can establish charitable funds and contribute to existing funds. The Foundation provides philanthropic advisory services, and develops and leads initiatives to tackle critical community issues. It is in compliance with the Council on Foundations’ national standards for community foundations. The Foundation has awarded over $151 million in grants to nonprofits in Fairfield County and beyond. For more information, visit their website at FCCF.