Las Vegas, NV, Jun 27, 2014 -- USDA Rural Housing Service Administrator Tony Hernandez today unveiled a Spanish language video series with information to help rural Nevada residents buy homes with USDA loans.
“We know that homeownership promotes stability and gives families a way to invest in themselves and their communities,” Hernandez said. “I am proud that USDA’s Homeownership Month celebration is closing with a video series that provides outreach to an important and growing segment of the nation’s population.”
Rural Development’s Nevada State Office has developed three homeownership videos that provide basic information about buying a home. Each video, available at www.rurdev.usda.gov/micasanv, is produced in a short, conversational YouTube format. The videos include information on how to prepare for homeownership, including building credit and applying for a USDA housing loan. USDA home loans provide 100 percent financing for credit-worthy, low-income families in rural areas of Nevada.
The videos complement USDA’s 2014 Homeownership Month theme: Own Your Future, Own Your Home.
“Homeownership has historically been an effective way to build wealth, and we are taking many steps to enable Hispanic families to determine if homeownership is right for them,” Hernandez said. The videos were unveiled today at a forum hosted by USDA and the Nevada Rural Housing Authority to discuss ways to enable increased homeownership in the Hispanic community.
“We are trying to reach homebuyers where they are,” Rural Development Nevada State Director Sarah Adler said. “Since 16 percent of Nevada’s Hispanic residents prefer to speak Spanish at home, we believe these videos are the best way to reach this community.” Targeting the videos to the state’s “YouTube generation” is a major part of Rural Development’s outreach efforts, she said.
For additional information, visit www.rurdev.usda.gov/micasanv or call Maria Murillo, USDA Rural Development’s bilingual home loan specialist, (775) 738-8468 Ext. 104. For information on the Nevada Rural Housing Authority’s homeowner assistance programs, please visit the Authority website, in Spanish, at www.nvrural.org/ES.
Homeownership education programs are also available from the Financial Guidance Center, (702) 364-0344, the Springboard Nonprofit Consumer Credit Management organization, (866) 896-7965, and from Housing for Nevada, (702) 547-4737.
USDA, through its Rural Development mission area, has an active portfolio of more than $199 billion in loans and loan guarantees. These programs are designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America.
USDA is an equal opportunity provider and employer. To file a complaint of discrimination, write: USDA, Office of the Assistant Secretary for Civil Rights, Office of Adjudication, 1400 Independence Ave., SW, Washington, DC 20250-9410 or call (866) 632-9992 (Toll-free Customer Service), (800) 877-8339 (Local or Federal relay), (866) 377-8642 (Relay voice users)