Neighborhood Housing And Development Corporation

Home Ownership Preservation. The Corporation supports participants in preserving their mortgage through tough economic times. The Corporation provides intensive mortgage delinquency and foreclosure intervention counseling for home owners in financial distress. The Corporation also performs home repair assistance to very-low and lower income owner-occupant households in Alachua County. The program focusses on providing emergency home repairs such as roof, plumbing, electrical, HVAC systems and accessibiity issues.

Housing Rentals. The Corporation maintains an inventory of single family rental properties that are available for households who aspire to become home purchasers and provides them with on-going counseling support that is intended to assist them to become mortgage ready for eventual home ownership. The Corporation manages properties that are owned solely by the Corporation. In addition, the rental portfolio consists of properties provided through the Alachua and Clay County Neighborhood Stabilization Programs. After the 15-year affordability period, the title to these properties will be transferred to the Corporation.

Home Ownership Promotion. The Corporation actively promotes home ownership using the Financial Fitness Program and the Pre-Purchase Home Buyer Education Seminar. The Financial Fitness Program is an eight hour course consisting of four instructional segments that focus on 1) basic money matters, 2) budgeting, 3) credit repair, and 4) other financial topics. The class is intended for households that have a dream of home ownership but have credit or financial obstacles. The course is generally facilitated off-site through a partnership relationship with affiliate social service organizations and church groups.The Pre-Purchase Home Buyer Education Seminar is designed to educate participants on the home purchase process.