Advertisement

Affordable housing group has helped nearly 90 home buyers

July 22, 2010|By MATTHEW UMSTEAD

MARTINSBURG, W.Va. -- An Eastern Panhandle affordable housing consortium formed in 2006 has helped nearly 90 home buyers in the first three years of the federally sponsored HOME Investment Partnership program.

Pat McMillan, Martinsburg's community development director, told the Berkeley County Commission Thursday that 38 buyers were within the county's jurisdiction, 17 were in the City of Martinsburg and 18 were from the City of Charles Town and Jefferson County. The program also benefited 13 buyers in Morgan County between the 2006-07 and 2008-09 fiscal years, McMillan said.

Habitat for Humanity, which has been certified as a nonprofit Community Housing Development Organization (CHDO), is building a second home with money that is required to be set aside in the HOME program, McMillan said.

The home being built in Morgan County is for a schoolteacher, McMillan said.

The bulk of the $1.85 million allocated was used for home-buyer assistance, McMillan said.

Advertisement

"I feel like the money has been put to good use," said McMillan, adding the money is "on the street" benefiting people who need it.

Of the home buyers helped through the program, McMillan said she has only received one report of foreclosure. The financial hardship was experienced because of job loss, she said.

The Herald-Mail Articles
|
|
|