Overview
Shalom Center Homeownership makes purchasing a home more affordable for low-to-moderate income families and individuals by helping down payment and closing costs assistance to eligible borrowers, which can greatly reduce the out of pocket expense to the first time home buyers.
Shalom Center seeks to boost homeownership rates among LA and Orange Counties’ minority and immigrant households, or "emerging markets," as a step toward closing the large homeownership gap between those groups and the state's non-Hispanic white population. Shalom Center also recognizes the need to sustain homeownership after initial purchase.
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