Homebuyer Education: The Network, and our member Community Development Corporations, understand that homebuyer education is the key to successful long-term homeownership. We help our neighbors navigate the path to homeownership by preparing them for the responsible purchase and financing of a home through HUD certified Homebuyer Education classes offered by our members across the state. Graduation from a HUD certified Homebuyer Education class is required for some forms of housing subsidy like a down payment or closing cost assistance.
The Homeownership Connection is the administrative spoke for a collaborative of ten member Community Development Corporations providing Rhode Islanders with the tools and support to achieve, maintain and sustain homeownership. The Homeownership Connection coordinates administrative tasks like curriculum development, workbook production, central registration, data tracking, local and federal reporting, outreach/marketing, and program wide fundraising – while the community based member organizations offer classes and counseling directly in the neighborhoods.
Classes are offered in English and Spanish and include:
- Core Homebuyer Education
- Condominium Ownership
- Deed Restricted/Land Trust Ownership
- Financial Fitness
Basic Homebuyer classes are two hours, and meet once a week for six weeks. In addition, there is also a Fast Track option available to those who have already entered into a purchase and sales agreement. The other classes are intended to be taken after completion of Basic Homebuyer and appropriate for the buyer’s choice of property. We maintain a regular schedule of class sessions every month and add special topics classes and one-on-one counseling as needed.
To sign up for a class or get more information contact us.
To find out where classes are offered and where our member organizations are located, or to contact a member click here.
For help with common housing terms visit our glossary (Go to Glossary)
Do you have questions about fair housing and /or possible discrimination?
HOC was the Rhode Island site for Freddie Mac’s early anti-predatory lending campaign, “Don’t Borrow Trouble”, which has been updated to the NeighborWorks America SCAM Alert site. Working with State and Federal partners we continue to promote awareness about fair housing issues.
We piloted Fannie Mae’s successful web based tracking system “Home Counselor on-line” an important national resource for homebuyer statistics which is the foundation for accurate quarterly reporting to both Rhode Island Housing and HUD.