First-time Homebuyer Workshop in Malden
Malden, MA, May 21, 2015 – Asian Community Development Corporation (ACDC), a 29-year old community-based organization serving the Asian American community of Greater Boston, held a Malden-based first-time homebuyer workshop in partnership with Century Bank. The workshops are designed to help first-time homebuyers navigate the complex home buying process with presentations from real estate agents, lawyers, contractors and mortgage lenders.
This workshop, designed for Chinese-speaking residents, was presented in Mandarin Chinese and provided Chinese-translated materials to students. Malden is ranked as the city having the third largest Asian population in Massachusetts, behind Boston and Quincy.
Over 20 students attended this two-day workshop over the weekend. Mayor Gary Christenson and City Councillor Ryan O’Malley showed their support by visiting the workshop and welcoming students.
400 students graduated from ACDC’s workshops last year. Upon completing the workshop, each graduate receives a certificate that qualifies them for certain benefits such as down payment assistance and low fixed rate loans. Graduates also receive free one-on-one counseling if further assistance is needed in their homebuying process. ACDC is the only organization in Massachusetts offering first-time homebuyer workshops presented in Chinese as well as English.
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