“I’ve been renting so long, I never thought I would or could be a homeowner and today I closed on MY new house…”
Congratulations to mother and daughter, Allie and Sandra Williams, who are first time homebuyers! The Williams purchased their new home with their Section 8 Voucher from North Delta Regional Housing Authority (NDRHA) and financing from Renaissance Community Loan Fund. The CDC developed the three bedroom, two bath and carport with construction financing from Local Initiative Support Corporation (LISC).
Tunica County CDC New Housing Initiative moves families with Section 8 Vouchers from renters to Homeowners. Allie and her daughter, Sandra are the first family in Tunica County to qualify and purchase a home in the program. The New Housing Initiative converts the Section 8 Voucher to the Homeownership Voucher and qualifies the family for a mortgage loan through our credit counseling and financial education programs.
The CDC partners with NDRHA, LISC, and Renaissance Community Loan Fund to make homeownership a reality for Section 8 tenants.
For more information on the Tunica County CDC and the New Housing Initiative, visit www.tunicacountycdc.org.
For more information on Renaissance's Mortgage Program, The Dream Fund, click here.
Marcus Bell has had a love for trucks and trucking ever since he was a little boy. His father has been driving a truck for over 47 years, and he would take Marcus with him on his out of town trips. This seed of love for the trucking industry was planted at an early age, and it continued to grow. Marcus has now been driving on his own for 20 years.
After driving for various companies over the years and continuing to build on his knowledge of the industry, Marcus knew that it was time he combined his passion for trucking and his extensive experience into something more substantial and long-term. He founded Bell Trucking in 2013 and purchased the company’s first truck. He was also awarded a Gold Star of Achievement for excellent customer service.
Five years and many more miles later, Bell Trucking, with the help of Renaissance’s flexible underwriting and personal one-one-one financial counseling, purchased a brand new, state-of-the-art truck. The new truck not only allows Marcus and Bell Trucking to continue providing excellent customer service for their clients, but affords them the peace of mind knowing they have dependable equipment to grow the business for years to come.
Kathleen’s sister-in-law told her about Renaissance Community Loan Fund and how they help those with less than perfect credit and limited income become homeowners. She was hesitant to take the step for fear of being turned down for the program, but after 5 years, she knew it was time to start again on her own. “My two children are the reason I went for it,” said Duprey. “And I thank God every day that I did. Renaissance not only works with all applicants, but they welcome you and are excited for you, no matter what your financial challenges may be. The entire process was a wonderful experience, from the first call, to the homebuyer class, to the closing table.”
Through Renaissance’s Dream Fund, a Home Purchase Advisor worked closely with Kathleen to help her overcome her fears of becoming a homeowner, all while working through the financial issues that were blocking her path to homeownership. In addition, the “Project Reinvest: Homeownership” program that Renaissance offers provided Kathleen with an additional $10,500 of down payment assistance toward her mortgage loan. New homeowner Kathleen has never been happier. “I want to thank Renaissance for giving me the opportunity to do what I thought was the impossible… and realize dreams do come true!”