USDA Rural Development recently joined forces with Consumer Credit Counseling Service of Delaware Valley d/b/a Clarifi by signing a Memorandum of Understanding (MOU) to help assist very low and low-income individuals and families with homeownership opportunities in rural areas.
“This is a great opportunity for potential homeowners living in the southern part of New Jersey to obtain the resources needed to become successful homeowner, said Howard Henderson, New Jersey Rural Development State Director. This MOU is intended to enhance the participation of potential homeowners in both the Section 502 Direct Loan Program and the Section 504 Repair and Rehabilitation Loan and Grant Program.”
“We’re excited to help more South Jersey residents make their goal of homeownership a reality,” says Patty Hasson, president and executive director of Clarifi. “Our counselors and educators are also ready to help individuals prepare for the financial responsibilities of homeownership and guide them through the process.”
Clarifi will facilitate in helping rural residents solve their housing needs by providing single family housing applicants pre-qualification packages wanting to buy, build, or repair houses for their own use. Clarifi will also provide a homeownership educational program and credit counseling for individuals and families assisted under the MOU.
USDA’s homeownership opportunities could not exist without our partnerships with lenders, home builders, non-profits, realtors, loan packagers, borrowers and the communities they live-in.
USDA Rural Development in New Jersey has offices throughout the Garden State. For more information, visit the USDA Rural Development website at http://www.rd.usda.gov/nj.