We can assist our clients in the search for their dream home. We have partnered with real estate brokers who know the affordable housing market and they have agreed to work with our clients and allow us to be engaged in the process with our clients. This ensures our clients get the best service and never miss and avaliable opportunity to make this process go smoothly.
Our Partners:
Remax de la Louiziane
CJ Brown
Keller Williams
Excel Realy
Dove Realty
Samuel Sanders
Mid City
Real Estate Agent
Contact your Homebuyer Counselor to discuss Real Estate options with Mid City Real Estate Agency.
IDA
Individual Development Accounts
Individual Development Accounts are matched savings accounts designed to assist working low-income families acquire an asset. Southern University's IDA program is designed to assist low income families in purchasing a home for the first time. IDAs are based on the belief that asset building is the key to gaining economic self-sufficiency.
For more information, contact your Homebuyer Readiness Coordinator or visit www.subr.edu/ida
In order to be eligible to participate in the Louisiana Asset Building Initiative, a household must include at least on minor child. The family at the time of the application also must have some source of earned income and be at or below the financial eligibility guidelines.
BENEFITS OF IDA
- Self Sufficiency
- Home Ownership
- Financial Education
- Asset-specific Training
- Matched Savings Account
- Economic Independence
For more information call
Adrienne Jack
346-1000 xt 116
Eligible Applicants:
- Complete a Savings Plan Agreement, opens a savings account and begin monthly deposits
- Attend financial education classes and asset specific training classes
- Required to make deposits to reach the maximum matched savings goal of $1000
- Once all program requirements are met and a savings plan is achieved , the participant is ready to receive matching funds to purchase a home at a ratio of 4:1 for a maximum of $5000 ($1000 in savings and $4000 in match)
