Monday, June 9, 2008

Housing Seminar a Success

The affordable housing seminar on Thursday, June 5 was a great success for all those who attended.
Susan Hosfield, chairman of the Centralia Area Housing Task Force, gave a brief history of the mortgage industry and how it developed into the current mortgage crisis. She also explained which parts of the country were more affected than others and what the outcome has been.

The class then focused on ways to qualify for home financing, including information about credit scores and the different financing programs. Later, Habitat for Humanity, BCMW and City incentives were also discussed.

Many questions were asked about the CDAP Housing programs. The class was encouraged to fill out CDAP surveys the next time they are sent out by the City. The participants were very impressed with the before and after pictures of the completed CDAP houses.

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