HIP announces homeownership counseling and workshops in Spanish!
¡HIP anuncia consejería y talleres en español de como comprar una casa!
HIP adopts National Industry Standards for Homeownership Education and Counseling
HIP's Housing Counseling Program has adopted the National Industry Standards for Homeownership Education and Counseling. The National Industry Standards for Homeownership Education and Counseling are a set of guidelines for quality homeownership education and counseling services. The National Industry Standards for Homeownership Education and Counseling focus on a set of six core areas: Competency, Skills, Training, Operational Knowledge, Code of Ethics and Conduct, and Performance Standards. Please click here to read a copy of the Standards for Homeownership Education and Counseling.
WHAT IS ADDI?
The American Dream Downpayment Initiative ("ADDI") provides downpayment and closing cost assistance to low-income families who are first-time homebuyers for the purchase of single-family housing that will serve as the family's principal residence. The ADDI program is a 5-year deferred of up to $5,000 for downpayment and/or closing costs. Prince George's County Department of Housing and Community Development administers the program, and HIP Services assists with the processing of the applications.
Eligibility
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Program Guidelines
How do I apply?
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| . | . | Upcoming Homes for Sale | . |
HIP buys and substantially rehabs -- or sometimes tears down and builds new -- a few vacant single family homes in inner beltway neighborhoods. These homes typically require extensive work and are practically new when completed. On average, HIP replaces all major systems--roof, gutters, furnace, central air, hot water heater; and heavy up the electrical system. In addition, it replaces the kitchen and bathroom; install all new appliances including a garbage disposal, dishwasher, refrigerator, stove, washer and dryer; and replaces all electrical fixtures and flooring. Volunteers play an important role by transforming the exterior through substantially landscaping the yard. HIP's signature feature is the addition of a front porch. Not only does the porch dramatically improve the curb appeal of the home, it also encourages the new owners to sit out front of their home and get to know their neighbors and the community.
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Requirements for purchasing one of HIP's Homes
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