Financial education event set

ELKINS – The HomeOwnership Center Inc. is kicking off a week-long celebration of Creating Opportunity through financial education and credit counseling during the nationally recognized NeighborWorks Week, and as a way to start off National Home Ownership month in June.

During NeighborWorks Week, June 4-11, the HomeOwnership Center and other NeighborWorks organizations across the country will mobilize tens of thousands of residents, business people and government officials in a week of Creating Opportunity through community awareness, education and revitalization. For its part, the HomeOwnership Center will spend the week visiting local businesses to share information about its free services, including financial literacy classes, one-on-one credit counseling, and home buyer education, as a way to Create Opportunity by helping community members improve their financial situation.

“Up to 80 percent of financially distressed workers spend time at their job worrying about personal finances and dealing with financial issues. The businesses who have welcomed us in understand that it is beneficial for employees and employers alike that these workers have access to free financial education and credit counseling like the HomeOwnership Center provides, so they can work on improving their credit rating and financial situation,” said Kate Somers, executive director of the HomeOwnership Center Inc. “In the last five years, the HomeOwnership Center has provided its services to over 800 individuals and households of all income levels throughout the region. This is important because when people improve their credit, life gets cheaper, like through lower interest rates on car purchases and cheaper insurance premiums. That extra money can then be spent on other necessities, or even on some fun.”

The HomeOwnership Center is part of the national NeighborWorks network, an affiliation of more than 240 nonprofit organizations located in every state, the District of Columbia and Puerto Rico. In 2015, the NeighborWorks network helped nearly 356,000 individuals and families with affordable housing and counseling.

The NeighborWorks network was founded and is supported by NeighborWorks America, which creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities.

The HomeOwnership Center Inc. is a consumer-friendly outlet for providing education, counseling and financing to mostly first-time homebuyers, as well as a source of continuing support for existing homeowners. The mission of HOC is to promote safe, affordable housing with a focus on sustainable homeownership. HOC is currently the only full-service NeighborWorks Home Ownership Center in West Virginia. The HOC office is located at 1404 N. Randolph Ave., in Elkins, U.S. 219 North toward the Parsons Road, and is open from 8 a.m. to 4:30 p.m. Monday through Friday. For more information on HOC, call 304-636-9115, or email Tawnya Holbrook at tholbrook@hocwv.org or Joe Hohl at jhohl@hocwv.org. The HOC web site address is www.hocwv.org. West Virgina Mortgage Broker License #MB-20182; NMLS ID 362854.