The Llaves De Tu Casa Iniciativa is a financial education program open to all County of Fresno residents but with a focus on increasing Latino homeownership rates. Fresno needs to see more of our Hispanic residents owning homes in the city they call home. We are committed to democracy in housing, which increases the opportunity for homeownership. The Llaves De Tu Casa Iniciativa program consists of down payment and closing cost assistance, home buyer grants, comprehensive home buyer education and counseling including first-time home buyer workshops and flexible mortgage products and programs for Fresno neighborhoods.
NAHREP Realtors will sponsor homebuyer orientation workshops and online resources to help prospective homebuyers identify potential homes. Union Bank will offer mortgages and grants to buyers in targeted areas. Self-Help Enterprises will also offer technical assistance to help prospective purchasers to access down payment and closing cost assistance.
These programs are needed to increase chronically low rates of home ownership in the Latino community. Homeownership is the single most powerful strategy for closing the racial and ethnic wealth gap.
While Latinos have been closing this gap, pandemic-induced losses are likely to curb income growth. Preventing a wave of foreclosures will be critical to maintaining the Hispanic homeownership rate over the next few years. One of the biggest obstacles for Latino homebuyers is saving money for a down payment. Affordable homeownership — and equitable access to it — is a critical component of a vibrant community and healthy economy.
The first of six virtual homebuying information workshops with Spanish language support will take place on Saturday, June 26, , 6 p. Skip to content.
