Memorial Day tornadoes: New path for survivors to become first-time homeowners
Mar. 30—A Monday groundbreaking opened a new avenue for renters who lost their homes in 2019
"It's a beautiful thing that we're actually helping people that have been displaced," said
The first Tornado Survivors Pathway to
Williams-Parker said 17 families are now going through The Homeownership Center's counseling process to purchase one of the homes. Fifteen of the families are Black households and nine of the families have children in the home. Most of the families currently spend 36-40% of their current income on rent, she said.
It could take a couple more months before the first family is mortgage-ready, Williams-Parker said.
The groups worked with local jurisdictions and the
Mercer said the homes will be sold to qualified survivors at market-rate prices without disrupting each area's housing market.
"
Construction on the
A record-breaking 21 tornadoes struck
Following the storm, more than 1,000 households renting in
The partners eye building about 22 homes. Sites for the first eight have been identified, though paperwork needs to be finalized for a few, Mercer said.
The project will help improve not only neighborhoods, but the financial health of families, said
"Becoming a homeowner is such a huge step for a family," she said. "This investment will pay off over time. Each payment made by the new homeowners will increase their equity and their financial security for the future."
While the partners have received some seed money,
"We'll do that as much as we can and hopefully serve the demand that's out there," he said.
"There is a housing crunch, people need homes and we have vacant lots," she said. "We would love to continue this program."
Williams-Parker said some families who applied for the program went to sleep that
"We're really helping these people recover what was lost," she said. "We're building homes for people that are going to appreciate it, and they're also going to beautify the neighborhoods."
How to get help, donate to
Tornado survivors who want to become homeowners and are interested in the Pathways Program can go to HomeownershipDayton.org to apply.
Individuals who still need help recovering from the tornadoes can call
Individuals, businesses, and organizations can contribute financially to
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(c)2021 the Dayton Daily News (Dayton, Ohio)
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