Regional Spotlight: New Campaign Helps Dreams Come True For Michigan Residents

Click stars to vote (left is low, right is high)

(No Ratings Yet)

 Loading ...

[?]
 Print This

RISMEDIA, Nov. 19, 2007-The Michigan State Housing Development Authority (MSHDA) and the Michigan Hispanic Caucus have announced the release of the latest in a series of tools aimed to make homeownership a reality for Michigan’s Hispanic population.

Mi Sueno, an informative video produced in Spanish with English subtitles, walks viewers through the home buying process, providing critical information on predatory lending dangers as well as safe and secure home loan alternatives for home buyers. Mi Sueno — translated, My Dream — is a component of MSHDA’s Save the Dream campaign. The approximately 27-minute program has been released to public access, cable access and public television channels across the state. Local producers are enthused about Mi Sueno and what it means for Michigan residents. Richard Cory of Romeo’s WBRW Channel 6 said, “We are excited to participate in this program. At WBRW, we feel it is important to reach out to the Hispanic community, as we cater to a growing population of Hispanic residents.”

Leaders at MSHDA are encouraged by the enthusiastic response. In 2005, MSHDA created a Five-year Housing and Community Development Action plan that includes several strategies to improve homeownership in Michigan. This plan included 17 workgroups, one of which was targeted at reaching emerging homeownership markets like the Hispanic population. Mi Sueno and the partnership with the Michigan Hispanic Caucus are the result of the Emerging Homeownership Markets workgroup’s ongoing commitment to helping Michigan’s Hispanic population overcome the barriers currently keeping home ownership out of reach.

MSHDA Executive Director, Michael R. DeVos said, “At MSHDA we are committed to providing all Michigan residents with the programs and tools necessary to bring their homeownership dreams to life.” DeVos continued, “This means taking a long look at what is out there and crafting programs that have the potential to reach all groups in all regions of the state.”

In a separate statement, MSHDA Director of Homeownership, Mary Townley, agreed with DeVos. Townley said, “With programs like Mi Sueno available, we are able to give Michigan residents that otherwise would have been scared away from the home buying process the tools they need to achieve the dream of homeownership.”

For more information, visit http://www.michigan.gov/mshda.

RISMedia welcomes your questions and comments. Send your e-mail to: realestatemagazinefeedback@rismedia.com.
 

Discussion Forum

Topic	Posts	Last Poster
Foreclosure Bus Tour	1	dkrobbs
www.DenverForeclosureTour.com Saturday December 13, 9-1pm	1	RobKellycolorado
Business Center for Sale | Property Dealer India | Plots in Gurgaon	1	cpindia
Real Estate Development in Gurgaon | Gurgaon Real Estate | Gurgaon Apartments	1	cpindia
AgentsBuddy Website	1	Ryan
Loan Modification Software CasiMod	4	loanmodsystems
SX3 Loan Modification Software Still #1!	1	SX3Software
Introduction	1	doug1
CMS programs	1	investinaustin
Loan Modification Software	4	juancurbina

Mission Critical: Support for Government-Supported Mortgage Entities, Exec Says

Op-ed by Joel Singer
RISMEDIA, Dec. 5, 2008-As homeowners and home buyers struggle through today’s tumultuous housing market, government support for the mortgage market is needed, now more than ever, to take the lead in stabilizing the turbulence of this market.
This is particularly true given the apparent demise of the Government-Sponsored Enterprises (GSEs), Fannie Mae and […]