CHESTERTOWN — Kent Attainable Housing has a “commitment to helping low income families purchase an affordable home,” a news release states.
Part of this challenge is to ensure that first time home buyers understand the financial and maintenance commitment of owning a home.
So when Kent Attainable Housing learned that the Maryland Rural Development Corp. regularly sponsored a First-time Home Buyers workshop, KAH made completing the workshop a requirement to buy a Kent Attainable home, the release states.
MRDC’s upcoming workshop is scheduled for 9 a.m. to 1 p.m. Saturday, Oct. 12 and Oct. 19 in the Yellow Building behind the Chestertown branch of Kent County Public Library. The workshops will include lunch.
Organized by Tammy Duff, MRDC deputy director, and Shirley Hicks, MRDC housing counselor whose office is located at 115 S. Lynchburg St. in Chestertown, the workshop trainers are Chris Farquhar, a lending specialist, and Debbie Houck, a real estate specialist and Realtor with Exit Gold Realty, who help prospective home buyers understand the responsibility of owning a home and the process involved in securing a loan.
This workshop is open to anyone interested in learning more about home ownership regardless of their interest in applying for Kent Attainable homes. Attendees should call Shirley Hicks at 410-778-1100 to register for this free workshop.
Hicks is a certified housing counselor whose charge includes supporting low-income families buying their first home, helping them work though the loan process and providing counseling for financial and credit issues. According to the release, KAH is working closely with Hicks as she helps applicants secure U.S. Department of Agirculture, Fannie Mae and Maryland Mortgage Program loans for low-income applicants.
In addition to attending the First-time Home Buyer workshop, KAH applicants must meet this criteria:
• Have an income of at least $24,000 and not more than 50% of the Kent County median income which is calculated by number of people in the household. For a family of four, the maximum income would be $37,850.
• Be able to pay an affordable mortgage.
• Have a need for a safe, affordable, decent home.
• Be willing to partner with KAH by volunteering 50 hours of time to their education of home ownership and financial literacy as well as some sweat equity in the building and landscaping of their home.
Families interested in being eligible for a Kent Attainable home should call 443-282-0622 to request an orientation to the selection process and criteria as well as a homebuyer eligibility questionnaire to fill out and return.
MRDC is a private nonprofit that has been providing services in response to the needs of rural, low-income households and communities since 1979, the release states.
Led by Executive Director Chris Benzing, MRDC’s activities benefit low-income communities and individuals throughout rural Maryland. Since 1986, MRDC has served as Caroline, Cecil and Kent counties’ official Community Action Agency.