Non-profit aids low-income families in Fresno homeownership

abc30.com

Many families in the Fresno area are struggling to buy homes due to high prices and mortgage rates. A group called Realtist of Fresno County is working to help low-income families, especially families of color, become homeowners. Recently, a family in southwest Fresno received their keys to a new home. Aisha Allen from Realtist shared how important it is for families to have a stable home. In Fresno, 72% of white families own their homes, but only 52% of minority families do. The situation is even worse for African-American families, where only 22% are homeowners. Realtist is focusing on closing this gap. They held a free workshop to educate potential buyers about homeownership and available assistance. The Fonseca family, who just bought a four-bedroom home for $325,000, initially qualified for a lower loan amount. Thanks to partnerships with organizations like Tri County Bank and Self-Help Enterprises, they received the support needed to make their purchase possible. Many workshop attendees are unaware of the grants and loans available to them. For those interested, more information can be found online.


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