{"id":15289,"date":"2024-04-26T06:01:08","date_gmt":"2024-04-26T10:01:08","guid":{"rendered":"https:\/\/wzbd.com\/?p=15289"},"modified":"2024-04-26T06:01:09","modified_gmt":"2024-04-26T10:01:09","slug":"housing-initiative-unveiled-by-acedc","status":"publish","type":"post","link":"https:\/\/wzbd.com\/index.php\/2024\/04\/26\/housing-initiative-unveiled-by-acedc\/","title":{"rendered":"Housing initiative unveiled by ACEDC"},"content":{"rendered":"\n

By BOB SHRALUKA<\/strong><\/p>\n\n\n\n

WZBD.com<\/em><\/p>\n\n\n\n

The Adams County Economic Development Corp. (ACEDC) has announced what it says is \u201cthe successful completion of a comprehensive housing strategy aimed at significantly expanding the production of new housing units in the area.\u201d<\/p>\n\n\n\n

\u201cIn a groundbreaking initiative, we are launching the Hoosier Homes homebuyer assistance program, in partnership with Club 720, to empower a new generation of homeowners,\u201d ACEDC Executive Director Colton Bickel said in making the announcement.<\/p>\n\n\n\n

\"\"
Bickel<\/em><\/figcaption><\/figure>\n\n\n\n

\u201cThis innovative program is specifically designed to address the unique challenges faced by millennials, who represent approximately 70-75% of potential homebuyers in our communities. Many millennials are hindered by college debt, which delays their ability to save for a down payment. Hoosier Homes aims to bridge this gap by providing essential down payment assistance and resources.\u201d<\/p>\n\n\n\n

He said the strategy is set to catalyze the production of diverse housing units, catering to the varied needs and preferences of the growing community. \u201cThe expansion is not just about building homes, but about nurturing a thriving, vibrant community where everyone has the opportunity to own a home,\u201d Bickel added.<\/p>\n\n\n\n

He noted that Club 720 will serve as a critical link between the emerging housing production pipeline and a growing pool of ready buyers. \u201cBy leveraging Club 720’s innovative platform, we aim to seamlessly connect homebuyers with realtors, banks, and builders, creating a cohesive ecosystem that supports both supply and demand sides of the housing market.\u201d<\/p>\n\n\n\n

Bickel said realtors, banks, builders and other stakeholders are invited to join the effort. \u201cYour collaboration with Club 720 will not only help serve a multitude of interested buyers, but also play a key role in the success of our community’s housing strategy,\u201d he said.<\/p>\n\n\n\n

Exclusive program benefits include:<\/p>\n\n\n\n

* Eligibility extends to both first-time homebuyers and experienced buyers.<\/p>\n\n\n\n

* Up to 5% assistance in down payments and closing costs.<\/p>\n\n\n\n

* Attractive 30-year fixed-rate mortgage options with competitive interest rates.<\/p>\n\n\n\n

Key eligibility criteria are:<\/p>\n\n\n\n

* A minimum credit score of 620.<\/p>\n\n\n\n

* The property must be located within Adams County.<\/p>\n\n\n\n

* Borrower income at or below $115,780.<\/p>\n\n\n\n

* First-time buyers are required to complete a homebuyer education course.<\/p>\n\n\n\n

\u201cWe encourage homebuyers, realtors, and builders to learn more about the Hoosier Homes Program and how Club 720 can support your homeownership goals or business growth,\u201d Bickel said. \u201cVisit www.club720.org\/hoosierhomes-dpa<\/a> for more information and to become part of this transformative initiative.\u201d<\/p>\n\n\n\n

For further information, contact Bickel at cbickel@adamscountyedc.com<\/a>. He also may be contacted at the ACEDC office, 724-2588.<\/p>\n","protected":false},"excerpt":{"rendered":"

By BOB SHRALUKA WZBD.com The Adams County Economic Development Corp. (ACEDC) has announced what it says is \u201cthe<\/p>\n","protected":false},"author":2,"featured_media":15291,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[21],"class_list":["post-15289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/wzbd.com\/wp-content\/uploads\/2024\/04\/unnamed-18.jpg?fit=251%2C96&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/posts\/15289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/comments?post=15289"}],"version-history":[{"count":0,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/posts\/15289\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/media\/15291"}],"wp:attachment":[{"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/media?parent=15289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/categories?post=15289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/tags?post=15289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}