Homeownership is the key to building wealth for most families. While LIFE has consistently conducted homeownership seminars since its inception, we also recognized at that time that it was important to make sure that families were financially prepared to keep and maintain their homes once they were in them. As such, we have regularly participated in seminars, written articles, and provided training and resources to educate consumers regarding homeownership, credit and debt management, real estate investing, predatory loans, and foreclosure prevention resources.
Strategic Partnerships for Homeownership/Foreclosure Prevention Programs
Coalition for Homeownership Preservation in Prince Georges County
The Coalition for Homeownership Preservation in Prince George’s County was formed in 2007 by public and private sector leaders to address the high number of foreclosures occurring in Prince Georges County. The goal of the Coalition is to strengthen homeowner assets and neighborhood stability in the Prince George’s County area by helping troubled borrowers and by increasing homeownership success.
LIFE is a former member of the Coalition’s Steering Committee and we have provided strategic assistance to the Coalition with their marketing and community outreach efforts. We have assisted in the development of a Coalition Brochure, Coalition Newsletter and Coalition/LIFE Housing and Foreclosure Prevention Resource Directory.
National Community Reinvestment Coalition
The National Community Reinvestment Coalition is an association of more than 600 community-based organizations that promote access to basic banking services including credit and savings, to create and sustain affordable housing, job development and vibrant communities for America's working families.
LIFE has been an alliance member of NCRC since 2008.
LIFE’s Core Competencies in Homeownership Education
Since our inception, LIFE has been active in developing, promoting, and conducting financial training related to homeownership, credit and debt management, understanding mortgage financing options, mortgage lending, predatory loans, real estate investing, and foreclosure prevention.
LIFE board members and volunteers have experience:
- Partnering with community-based and faith-based organizations to conduct financial training
- Writing articles on various homeownership related topics—published nationally.
- Developing financial education curriculum
- Organizing, Marketing, and Implementing financial seminars and conferences
- Publicizing housing related events via our network of volunteers and partners
LIFE Partnerships for Housing-Related Education:
LIFE has attended meetings and training, provided training and resources, utilized training materials and/or curriculum, or participated in joint events with a variety of non-profit, faith-based, governmental and private organizations.
Organizations include: The Coalition for Homeownership Preservation in Prince George’s County, National Community Reinvestment Coalition (NCRC), Consumer Action, Maryland Department of Housing & Community Development, U.S. Department of Housing & Urban Development (HUD), Prince Georges County Department of Housing and Community Development, Neighborworks, Maryland Housing Counselors Network, Maryland Department of Agricultural Extension Services, Montgomery County Department of Housing, HUD-Approved Counseling Agencies in Prince Georges County, Federal Deposit Insurance Corporation (FDIC), the Association of African American Financial Advisors (AAAA), National Foundation for Financial Education (NEFE), Reid Community Development Corporation (RCDC), and the Delta Sigma Theta, Delta Challenge Homeownership Program. |
