Housing Connection October 2021

Building communities together. TSAHC believes in the power of education and building capacity for our nonprofit housing partners. Through Housing Connection, we help affordable housing and counseling organizations access trainings, promote themselves, build capacity, as well as provide a network where best practices can be shared.

Monthly Spotlight: TSAHC Treats That Make Buying a Home Less Scary! This month TSAHC increased the income limits and removed purchase price limits for our down payment assistance programs. This is big news for home buyers and will allow us to better meet our mission and serve more home buyers through our programs! Please view our recent blog post to learn more about how this will affect home buyers in the current market and view frequently asked questions. Here's another treat: there have recently been some changes to how a borrower's Federal student loan debt affects their mortgage applications! Listen to Episode 19 of TSAHC's On the House Podcast where we explain why the changes are so sweet! Lastly, thank you to all of the housing counselors who have attended and completed training this year! The contributions made to your communities are immeasurable. Please sign-up here to stay in touch so we may continue to assist you with training needs in the future.

Mark Your Calendars: HUD Exchange: Protecting Credit and Avoiding Scams During COVID-19 Thursday, October 28th 10:00am - 3:00pm CDT GreenPath Financial Wellness: Spread Joy and Save Money: Make it a Happy and Financially Healthy Season Wednesday November 3rd, 12:00pm - 12:30pm CDT HUD Exchange: Housing Counseling Webinar: Military Tenant Rental Rights Monday, November 8th 12:00pm - 1:00pm CDT HUD Exchange: NFHTA Forum | Strategies for LGBTQI+ and Gender Identity Housing Discrimination Investigations Wednesday, November 17th 1:00pm - 3:00pm CDT

Recent News: LGBTQ community: Know your rights as a homebuyer Source: BankRate.com More than 50 years after the Fair Housing Act was enacted in the United States, the lesbian, gay, bisexual, transgender and queer (LGBTQ) community is making significant strides in homeownership. One milestone came earlier this year when the Department of Housing and Urban Development (HUD) announced it would begin enforcing the Fair Housing Act to prohibit discrimination on the basis of sexual orientation and gender identity. What are real estate closing costs and how much will you pay? Source: BankRate.com Whether you’re buying a new home or refinancing your mortgage, you need to be financially prepared to pay closing costs. These fees typically add up to somewhere between 2 percent and 5 percent of the amount you’re borrowing. How To Protect Your Credit Score During The Coronavirus Crisis Source: Forbes Advisor Taking care of your health, protecting your family and providing for basic household needs are probably at the top of your priority list as the COVID-19 crisis sweeps across the world. Yet, in the midst of everything else occupying your thoughts these days, it’s critical to protect your credit score as well. In fact, maintaining a good credit rating may be more important than ever.

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Jael Zelada TSAHC Approved Lender Southwest Funding