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Casa Lomas 25 Units The Dalles, OR
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What we do Multi-Family Rental Housing Another important need became apparent when farmworker families started submitting home loan applications. There was a need for one-on-one counseling. The counseling component quickly became an essential part of the homeownership program. The Homeownership Program not only educates potential farmworker home buyers but also educates loan officers, underwriters, real estate agents and title companies on how to work with farmworker families. Many of these people have subsequently been involved in the farmworker and Latino communities. Washington Mutual funded the first five years of the CASA homeownership classes starting in 1993. In 1997, CASA with the assistance of Washington Mutual received a Federal Home Loan Grant of $100,000 to fund El Camino a Viviendas Homeownership Program. The funds have been used to provide assistance, classes and counseling to potential homebuyers.
In 1990, CASA developed three new houses under this program. All three now belong to farmworker families. CASA worked with the Housing Development Corporation of Washington County to develop five houses, which were subsequently sold to farmworker families. CASA also developed five additional houses in Lafayette. Two have been sold, while the other three farmworker families are preparing loan applications. The staff developed a survey form that will objectively determine the efficiency of our homeownership program. Included in this survey are farmworker families living in rental housing (developed by CASA) to get a clearer picture on homeownership desirous and preparedness. A statistician at Portland State is correlating the surveys. The final results of the Homeownership Survey should be completed by September of 1999.
Property Management Resident
Services Directory Assistance in organization capacity and housing development is provided in three ways: direct technical assistance, training opportunities and pass-through funds. CASA staff provides the assistance with the support of consultants in specific areas of expertise such as fund
development. Valley Individual Development Accounts (VIDA) CASA is the administrator of the Valley Individual Development Accounts Collaborative (VIDA) which administers an Individual Development Accounts Program (IDA). IDA’s are savings accounts designated to help low-income adults and youth build their financial assets and move up and out of poverty. Individual contributions to the savings accounts are “matched” from federal, state or private resources. The IDA program is available primarily to people earning less than 200% of the federal poverty level and with less than $10,000 in assets. Adult participants may save towards small business development or expansion; post-secondary education or job training; or down payment on a home. Youth may save for educational, artistic and athletic goals. Participants save over a period of up to three years and will have their savings matched 3:1 up to $4,000 for adults and $600 for youth. For more information click here.
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2212 East First Street • Newberg, Oregon 97132-2904 • Phone: 503.537.0319 • Fax: 503.537.0558 |
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