Framework has a new partner in smart homeownership: HomeFree-USA, a leading HUD-approved homeownership development, foreclosure intervention, and financial empowerment organization.
As a HUD Intermediary, HomeFree-USA not only serves more than 2,300 clients directly each year, but also oversees a nationwide network of more than 60 affiliated community and faith-based nonprofit housing counseling agencies. In 2014, those agencies served nearly 36,000 homebuyers and homeowners and represented the interests of more than 4 million homebuyers, homeowners, and other consumers.
Serving the next generation of homebuyers
“We have a zero percent foreclosure rate among our own homebuyers, and we’d like to keep it that way,” says Marcia Griffin, HomeFree-USA founder and president. “That’s why we’re partnering with Framework. The next generation of homebuyers is online, and that’s where we have to give them the high-quality yet convenient education they want and need.”
Maryland-based HomeFree-USA has offices in Hyattsville and Baltimore, Maryland; Washington, DC; Atlanta; and Boynton Beach, Florida. Since its founding in 1995, the agency has helped more than 23,000 families purchase their first home and helped thousands of others avoid foreclosure.
Partners in community building
In addition, through its Move Up program in Maryland, HomeFree-USA has been gradually reclaiming Baltimore neighborhoods ravaged by the mortgage meltdown. Operating in tandem with HomeFree-USA’s homeownership preparation program, Move Up acquires and rehabilitates abandoned or foreclosed properties and sells them to first-time homebuyers.
“Our ultimate goal with Framework is to strengthen and sustain communities, using homeownership as a driver,” says Danielle Samalin, president of Framework. “HomeFree-USA is a model of community building, and their efforts complement our mission. We’re very excited to partner with them in supporting and empowering the next generation of homebuyers.”
Griffin and Samalin themselves have something in common: both were named by HousingWire as “Women of Influence” in the housing industry, Samalin in 2014 and Griffin, this year.
You can hear more from Griffin about the new partnership at the Fannie Mae blog, where she’s posted a guest video.