17 - Indiana Association for Community Economic Development

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Goal: Client understands their home insurance needs.May include:• Homeowners’ insurance• Flood insurance• Personal life insurance• Redlining• Credit life insurance5. Life As a Homeowner (1 - 2 hours)Goal: Client understands basic home maintenance and repair needs.May include:• Property taxes• What homeowners’ insurance will cover• Basic household tools, supplies, and safety items• How-to of basic maintenance and repairs• Seasonal home maintenance• Budgeting for maintenance and repairs• Hiring contractors• Energy efficiency• “Good neighbor” guidelines• Handling emergencies• Keeping records10Review (may be open to public)• Financial management• Common post-purchase predatory lending practices• Where and when to seek help if difficulties ariseIndiana’s Homeownership Education & Counseling System (HomeEc) Report — XXVIII
Appendix 11.Fall 2002 Regional Meetings:Second Draft “Key Elements of Homeownership Counseling Programs”Homeownership Counseling Programs:Key ElementsHomeownership counseling programs are geared toward those who have barrierstoward homeownership and who require more intensive assistance in order to stabilizetheir situation and become mortgage-ready. This may often entail intensive moneymanagement training, credit counseling and repair, and/or referrals to other socialservice agencies for additional support. Counseling often, but not always, takes placein a one-on-one setting.11While it may briefly address the home purchase process, homeownership counseling(a.k.a. “long-term”) is generally a precursor to the broader homeownership educationprogram (a.k.a. “short-term”), which occurs once a client is closer to being ready topurchase the home. Homeownership counseling is also crucial for post-purchasesupport of homeowners, particularly in terms of foreclosure avoidance. Clients whocomplete a homeownership education course may end up returning for more intensivecounseling after their home purchase.Programmatic Requirements• Programs should be prepared to offer at least the benchmark/average hours ofcounseling to every client, while recognizing that some clients will not require thatmuch counseling in every area, while others will need far more in some or allareas.• Adequate funding and staffing to provide services• Access to affordable training for staff• Referral agreements with social service agencies• Accessibility of services for clients:o Flexible scheduling for classes, such as weekends and eveningso Printed materials translated into Spanish and/or other languages spokenin the area; interpreter available if trainer does not speak the language inquestiono Physical accessibility of facilities and other accessibility elements (Braillematerials, audio tapes, interpreters for the deaf, etc) for people withdisabilitieso Counseling facility:• Centrally located• Easy to get to via public transportation• Reasonable distance from clients servedIndiana’s Homeownership Education & Counseling System (HomeEc) Report — XXIX
Page 1 and 2: Appendix 1.Summary of Other States
Page 3 and 4: Appendix 2.Other States’ Funding
Page 5 and 6: Appendix 3.List of Review Panel Mem
Page 7 and 8: What do you see as the biggest barr
Page 9 and 10: Appendix 5.Spring 2002 Network Meet
Page 11 and 12: Basic Programmatic Needs• Homeown
Page 13 and 14: 5. Understanding the Closing Proces
Page 15 and 16: Programmatic Needs• Adequate fund
Page 17 and 18: Appendix 8.Summary of Participant R
Page 19 and 20: 29. Include “how-to” section wi
Page 21 and 22: 14. Show what the economic benefit
Page 23 and 24: Appendix 9.Fall 2002 Network Meetin
Page 25 and 26: Homeownership Educator Skill SetReq
Page 27: 3. Financing a Home (2.5 - 4 hours)
Page 31 and 32: Basic Elements of a Homeownership C
Page 33 and 34: Appendix 12.Summary of Participant
Page 35 and 36: o Empowerment• Ensure that client
Page 37 and 38: • Don’t make regions too big•
Page 39 and 40: Appendix 13.Summer 2003 Network Mee
Page 41 and 42: monitor regional activity. Each com
Page 43 and 44: procedures, and services with the s
Page 45 and 46: • Groups should have flexibility
Page 47 and 48: o Incentivizing networks of provide
Page 49 and 50: Appendix 15.Recommendations: Homeow
Page 51 and 52: Basic Elements of a Homeownership E
Page 53 and 54: 4. Preparing for the Closing Proces
Page 55 and 56: o Physical accessibility of facilit
Page 57 and 58: 3. Credit and Credit RepairGoal: Cl
Page 59 and 60: Getting Started & Financial Assessm
Page 61 and 62: Selecting a Home (cont.)Goal 2: Cli
Page 63 and 64: Financing a Home (cont.)Goal 2: Cli
Page 65 and 66: 4. Preparing for the Closing Proces
Page 67 and 68: Life As a Homeowner (1 - 2 hours)Go
Page 69 and 70: 6. Accessibility of MaterialsTopics
Page 71 and 72: Appendix 18.Recommended Homeownersh
Page 73 and 74: Appendix 20.Resource Library Catalo
Page 75 and 76: 35 Layman's Guide To Major Federal
Page 77 and 78: Appendix 21.Sample Release Form for
Page 79 and 80:
Appendix 22.OrganizationArea V Agen
Page 81 and 82:
Appendix 22.OrganizationSummary of
Page 83 and 84:
Appendix 22.OrganizationOhio Valley
Page 85 and 86:
Appendix 24.Roles and Responsibilit
Page 87 and 88:
COUNTYFORE-CLOSUREFILINGRATEGSEMARK
Page 89 and 90:
Page 91 and 92:
Page 93 and 94:
Appendix 27.Graphical Representatio
Page 95 and 96:
CountyAppendix 28.Hispanic Populati
Page 97:
CountyAppendix 28.Hispanic Populati
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17 - Indiana Association for Community Economic Development

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