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Through
this program, BUSP helps families achieve their dream of homeownership.
Because our goal is not just to get families into homes, but ensure
that they stay in those homes and not fall victim to foreclosure;
BUSP has many supports in place. Prior to purchasing a home, clients
participate in the Faith Saves program to accumulate savings and
build or refine their financial skills. The Dream Makers program
includes classes on Finances, Homebuying and Maintaining Your Home,
as well as individual consultations.
Dream Makers: moving clients from wherever they are into a home
of their own.
Top Ten Reasons to Own Your Home:
- Why Not? You have to live somewhere. Homeowners basically
put money back into their own pockets month after month
- Mortgage payments are comparable to the cost of renting
- Your children: Children of homeowners are more likely to graduate
from high school, college and become homeowners themselves
- Your base mortgage payments will never increase-unlike rent
- Your community: Homeowners are more likely to re-invest in
their community
- A safe investment that can easily be passed on
- As you pay your mortgage, you build equity you can borrow
against
- You can make any changes or modifications
- Stability: Both financial and emotional
- Home Improvements Are Often Tax Deductible
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