oct. 17, 2016
There will be a forum with Ben Serrano of the U.S. Department of
Agriculture on Wednesday, Oct. 26 at 7 p.m. at the Town of Liberty
Senior Citizen Center. Learn more about ways that renters can become
home owners in Liberty.
Read on to view a letter from Charlie Barbuti, Town Supervisor:
Dear friends and concerned citizens,
Please help me get the word out about this important forum.
Take a minute to visit www.realtor.com and do a search of single family homes in Liberty or Sullivan County. You will see a large number of older quality homes with beautiful stonework and woodwork at prices in the $80000-100,000 price range or less. I have had this idea that if we could make these homes affordable at about the rent that families are paying in our community we could turn renters into home owners. Two wonderful things would happen:
1. The new home owner, taking pride in their own home would maintain and improve the home and develop
a lasting asset (versus rent receipts); and
2. The deterioration of our housing stock and resulting tax assessment slides would stop.
Two years ago, I looked into trying to find a grant that would provide the funding to create a program that would put our hard working lower income workers in to their own homes. During this search I discovered that the United States Department of Agriculture has a direct loan program for very low and low income families designed to do just that. For those whose income is a little higher, the USDA works with the banks to guarantee the loan. I met with representatives from the U.S. Department of Agriculture and we decided to hold a forum to raise awareness in our community of the program and hopefully have some of our residents take advantage of it. Over the last two years we have held two forums and we have scheduled another forum for October 26 at 7 p.m. at the Senior Citizens Center, 119 N. Main St. in Liberty.
Now we are asking for your help to get the word out. Ben Serrano, from the USDA will talk about a number of programs the USDA has to assist low income families own their own homes. I am sure that our local banks and real estate professionals would be very interested to learn of these programs as well. I have attached a poster of the event and am asking you to share it with all your contacts to help us make this forum a success and hopefully move some renters into their own homes.