Madison: Public Invited to Free Webinars on Long-lasting Homeownership
Wisconsin Eagle/10233470

~ The City of Madison is recognizing National Homeownership Month by encouraging residents to explore incentives that can lead to homeownership. The City is committed to providing safe, secure, and affordable housing for all and offers several programs that help with down payment expenses, property taxes, and home improvement costs. To further support these efforts, the City has organized two free webinars this month.

The first webinar, 'Thinking about homeownership?' will cover down payment & closing cost assistance, financial literacy & homebuyer education, as well as other avenues for homeownership. The second webinar 'Resources for homeowners' will cover home repair & accessibility modification programs, post-purchase counseling (e.g. foreclosure prevention, tax credits, maintenance), mobile home assistance, ways to reduce your utility bills, and property tax assistance for older adults. Both webinars will be offered in Hmong, Spanish, Chinese, Arabic and American Sign Language.

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Mayor Satya Rhodes-Conway said: "The prospect of buying a home may seem daunting to some because they wonder how they are going to maintain homeownership. Too many Madison residents are one health emergency or one missed paycheck away from missing a mortgage payment. We want to make sure families, seniors and other individuals know about our programs to increase housing stability."

Common Wealth Development and Madison Area Community Land Trust are two community based organizations with a long history in Madison that offer alternative pathways to homeownership. If you wish to support affordable homeownership consider selling your home to Common Wealth or Madison Area Community Land Trust or a first time homebuyer that uses down payment assistance programs.

To learn more about resources available for potential homeowners click here or join the panel of experts at the free webinars this month on June 12th 10:00 am-11:30 am or June 15th 12:00 pm-1:30 pm - registration is required for both events.

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