In 1996, the Illinois Association of REALTORS®
organized the
Partnership for HomeOwnership, Inc. to help assist low-income rural
Illinois residents achieve the dream of homeownership. The
Partnership has administered several multi-million dollar mortgage
programs (in excess of $130 million), provided pre-purchase
homebuyer counseling to over 1,500 Illinois residents, and is a HUD
approved housing counseling agency. The Partnership has completed
phase 1 of the Quincy Project, which targeted very low-income urban
residents of Quincy, Illinois. The Partnership also consults with
cities and municipalities to assist with the development and funding
of mortgage programs tailored to the needs of the community.
The
Partnership recently oversaw the
re-development of the
www.credit-power.org
high school educational Web site at that is
available both in English and in Spanish.