State Helping Lansing Hispanic Population Buy Homes

The Michigan State Housing Development Authority (MSHDA) and the Michigan Hispanic Caucus have put together a series of economic tools to help the Hispanic population in the Lansing area buy homes.

According to excerpts from the article:

Mi Sueno, an informative video produced in Spanish with English subtitles, walks viewers through the home buying process, providing critical information on predatory lending dangers as well as safe and secure home loan alternatives for homebuyers.  Mi Sueno -- translated, My Dream -- is a component of MSHDA's Save the Dream campaign.

The approximately 27-minute program has been released to public access, cable access and public television channels across the state.  Local producers are enthused about Mi Sueno and what it means for Michigan residents.  Richard Cory of Romeo's WBRW Channel 6 said, "We are excited to participate in this program.  At WBRW, we feel it is important to reach out to the Hispanic community, as we cater to a growing population of Hispanic residents."

Leaders at MSHDA are encouraged by the enthusiastic response.  In 2005, MSHDA created a Five-year Housing and Community Development Action plan that includes several strategies to improve homeownership in Michigan.  This plan included 17 workgroups, one of which was targeted at reaching emerging homeownership markets like the Hispanic population.  Mi Sueno and the partnership with the Michigan Hispanic Caucus are the result of the Emerging Homeownership Markets workgroup's ongoing commitment to helping Michigan's Hispanic population overcome the barriers currently keeping home ownership out of reach.

Read the entire article here.

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