Albuquerque, Jun 29, 2011 -- USDA Rural Development State Director Terry Brunner was in Lovington, New Mexico today to continue the month-long celebration of homeownership (see attached listing).
This year’s National Homeownership Month’s theme is “Rural Housing/Rural Jobs” and events such as the one in Lovington focused on housing’s role in creating jobs and stimulating economic activity.
Today’s visit provided information to educate realtors, lenders and the public on how to purchase a home. Information was also provided to business owners on how to access financial programs for business development and expansion through USDA Rural Development financial programs.
During a welcoming ceremony hosted by Lovington Mayor Dixie Drummond, Brunner said, “USDA Rural Development is committed to helping families in rural New Mexico reach their dream of homeownership which in turn helps small communities like Lovington survive and prosper.” Brunner added, “We know the ‘American Dream of Homeownership’ has been hard for many to reach these days.” He added, “However, USDA Rural Development stands ready to use its financing programs to make that dream come true.”
Brunner and his staff held meetings with business leaders, lenders and local residents to discuss the possibility of acquiring a ‘no money down’ mortgage through USDA Rural Development’s housing programs. He also provided information on how to get financial support to refurbish a house.
In fiscal year 2010, USDA Rural Development awarded $79.3 million in loans and grants in 10 housing programs which directly affected over 11,400 rural residents in New Mexico.
National Homeownership Month celebration began in 1997 as a challenge to increase the number of homeowners throughout the United States. Government studies have shown that homeownership is a key element in the nation’s economy with the housing industry accounting for about 15 percent of the gross domestic product (GDP) in a typical year. Studies also show that neighborhoods are strengthened when there is a higher percentage of homeownership. Homeowners are proven to be more active in their neighborhoods, they contribute more to their communities and a more stable environment for families is created.
It is also believed that without a strong business environment, the possibility of buying a home is very difficult. Outreach activity conducted by Rural Development during the month of June focuses on one-on-one visits with small business owners to explain the various business programs offered by USDA Rural Development for the development and expansion of small businesses in rural New Mexico.
Those interested in getting more information on a home loan or to remodel and upgrade their home or to get financing to expand or create a business should contact the Rural Development office in Roswell, New Mexico at 575-622-8745 extension 4.
USDA Rural Development’s mission is to increase economic opportunity and improve the quality of life for rural residents. Rural Development fosters growth in homeownership, finances business development, and supports the creation of critical community and technology infrastructure. Further information on rural programs is available at any local USDA Rural Development office or by visiting USDA Rural Development’s web site at http://www.rurdev.usda.gov
Homeownership Month Event Schedule
June 3 Española 9:30 AM --Housing and business presentations at the Beatrice Martinez Senior Center located at 735 Vietnam Veterans Road, Espanola NM 87532. Staff will provide information on business and housing financing programs.
Española, NM 11:30 AM --Kickoff event at the Magdalena Vigil’s home located at 1623 Greenfield in Española, NM. Family will be honored for their successful application of funds to upgrade and fix their home after cold weather in February damaged their home.
June 6 T or C, NM 9:00 AM --Housing and Business staff will meet with individuals to discuss business and homeownership financing opportunities.
12:00 PM Address to be made to Realtors Association of New Mexico (RANM) annual housing caravan at the Café Bella Luca 303 Jones Street, T or C, NM
June 9 Las Vegas, NM 9:00 AM --Housing and Business staff will meet with individuals to discuss business and homeownership financing opportunities at USDA RD office located at 1927-A North 7th Street in Las Vegas.
10:30 AM Meet with 74 year old Ms. Stephanita Vigil at her home at 314 Valencia Street, Las Vegas to visit and inspect her home that was remodeled with USDA funds to weatherize home.
11:30 AM Meet with Robert and Jacqueline Polaco at their home located at 4008 8th Street in Las Vegas. The Polaco’s have had major work done to their home utilizing USDA RD funds. During the meeting Mr. Brunner will be given a tour of the construction. At this visit, Mr. Brunner will be accompanied by Congressman Ben Ray Lujan.
12:00 PM Address to be made to Realtors Association of New Mexico (RANM) annual housing caravan at the Hillcrest Restaurant, 1106 Grand Avenue, Las Vegas, NM
June 13 Tucumcari, NM 10:00 AM --Welcome by Tucumcari Mayor Jim Witcher at the Del Norte Community Center at 423 North 4th Street in Tucumcari. Information will be provided by Rural Development business and housing staff to small business owners and homeowners about financing opportunities.
11:00 AM Tucumcari Senior Center 523 South 3rd Street, Tucumcari, NM 88401 (staff will give overview of financing programs).
12:00 Noon MainStreet luncheon at the Pow-Wow Restaurant at 801 West Tucumcari Boulevard, Tucumcari, NM 88401will feature State Director Terry Brunner on homeownership and business financing.
June 21 Lovington, NM 1:00 PM RD staff will conduct a workshop on business and housing financing. The workshop is open to the public and will be held at the Lovington Senior Center at 550 Jurassic Court in Lovington, NM 87020-3110.
June 23 Lovington, NM 9:00 AM welcome event by Lovington Mayor Frank Rodriquez at Lovington City Hall located at 409 W Wabash St, Lovington, NM 88045. After the welcome event, business and housing staff will meet and discuss financing opportunities with individuals along the business district on the main streets of Lovington.
June 29 Lovington, NM 1:00 PM welcome address by Lovington Mayor Dixie Drummond at the Lovington Senior Center located at 18 West Avenue “F”. After the welcome event, business and housing staff will meet with individuals about financing opportunities at the Lovington Chamber of Commerce located at 201 South Main, in Lovington, NM 88260.
July 14 Silver City, NM 11:30 AM Casa Linda Apartment Complex at 100 East 17th Street, Silver City, NM 88061 Mr. Brunner and others will participate in a ribbon cutting ceremony and presentation of the partner of the year award which will go to W.E. (Butch) Medlock for his commitment to preserving affordable housing in five apartment complexes across the State of New Mexico using USDA RD funds. The award will be made posthumously to Mr. Medlock’s family.