Montebello Housing Development Corporation

Homebuyer education the first-time homebuyer program includes one-on-one counseliing to prepare clients to be mortgage ready, credit and budget counseling, and 8-hour hud approved homebuyer education classes via zoom video recording. The 8-hour homebuyer education class covers all aspects of the home buying process, from qualifying to closing. During the year, the organization served 193 people by provided hud-approved homebuyer education.

Cal home the state of california housing and community development department awarded grants to mhdc that provide silent second mortgage loans to very low-and low-icome, first-time homebuyers in los angeles, riverside and san bernardino counties. During the year, the organization had 3borrowers close loans and purchased a home through this program.