This highly informative session highlighted programs and opportunities available for homeownership – including specific programs for first-time homebuyers.

At this meeting participants discussed:

• The current state of homeownership in their area
• Available down payment assistance programs that could help them qualify as first-time homebuyers
• Information on resources and loan programs available from government entities, nonprofit organizations and local lenders
• The current lending environment and what it takes to get homebuyers approved for loans in today’s marketplace
• The resources offered by homebuyer counseling agencies and learned how to collaborate with them to assist homebuyers and current homeowners
• Their challenges and networked with others interested in increasing their homeownership in their area

Who attended?
Realtors, lenders, nonprofit organizations involved with homeownership, public officials and civic leaders interested in homeownership

This forum was hosted by the Federal Reserve Bank of San Francisco and is supported by the Nevada Rural Housing Authority, HUD-Reno, USDA-Rural Development, Nevada Housing Division, Nevada Rural Development Council, Western Nevada HOME Consortium, Lyon County, Fernley Chamber of Commerce, and the City of Fernley.

Event Presentations:

• “Home at Last!” -  Mortgage Credit Certificate Program
  C.J. Manthe and Lisa Dayton, Rural Nevada Housing Authority (PDF 322.18KB)
• “Housing Programs for Very-low, Low, and Moderate Income Homebuyers" William Brewer, USDA-Rural Development  (PDF 297.52KB)
• “First Time Homebuyer Program”
  Jeanette Hopper, Betty Roark, Maggie Cassara, and Cathy Ewing, Nevada Housing Division (PDF 6.55MB)