BUY BACK: SPARTANBURG
BUY BACK PROGRAM
Increasing economic mobility through education, strategy, and acquisition in underserved communities.
Objective:
We have partnered with Oak & Ave Property Group, Spartanburg Housing, and The City of Spartanburg to assist low-income families, elderly, and the disabled to afford decent, safe, and sanitary housing through the “Buy Back Program”. The program is community-focused on providing stages of financial understanding and training, and asset building through homeownership. The program assists low-income buyers with multiple state program options, along with improving their budgeting capability and credit standing to put them in the best position long-term.
Deliverables:
- Buyer Financial Literacy Case Managers.
- Single Family Home Construction.
- Facilitate Buyer Credit Restoration.
- Facilitate Registration Logistics.
- Facilitate Marketing Campaign and Community Engagement.
- Site Development Management.
- Buyer Down Payment Assistance Guidance.
- Liaise with Lending Partners for Pre-Approval.
- Buyer Down Payment Assistance Guidance.
- Buyer Vetting for Move-In Readiness on Constructed Housing.
- Community Representation.
- Combat Economic Blight in Spartanburg County.
Acquisition:
Create an opportunity for our community members to become eligible for home ownership.
Asset:
Teach community members the power of equity and become equitable members.
Ability:
Help community members become progressive in a growing city.
