A homebuyer education class is set to take place on Saturday, September 28th, from 9 AM to 3 PM at the Carson Electric Co-op Boardroom in Taos. This initiative, organized by local housing advocates, aims to empower families in their journey toward homeownership, addressing the pressing issue of housing affordability in the area.
The class, led by a trainer from HomeWise—an affordable housing organization based in Santa Fe and Albuquerque—promises to be both informative and engaging. Participants will receive essential knowledge to navigate the homebuying process, with the added benefit of the course being certified by the U.S. Department of Housing and Urban Development (HUD). This certification allows attendees to access various services designed to make homeownership more attainable.
Key highlights of the program include eligibility for low-income first-time homebuyer programs offered by the New Mexico Mortgage Finance Authority (MFA) and access to HomeWise's mortgage products, which feature down payments as low as 2 to 5 percent. Additionally, participants will benefit from free, ongoing counseling services through HomeWise, which can support individuals over an extended period as they work towards homeownership.
The Taos Housing Partnership is also planning a down payment assistance program, with the homebuyer education class serving as a prerequisite for participation. This initiative underscores the commitment to making homeownership more accessible and affordable for residents in Taos.
Flyers with more information about the class will be available for those interested.