SOURCE: DeKalb Association of REALTORS(R)

August 20, 2010 10:40 ET

DeKalb Association of REALTORS® Awarded Grant to Assist With Workforce Housing Issues

TUCKER, GA--(Marketwire - August 20, 2010) - On August 6, 2010, the Dekalb Association of REALTORS® (DAR), in partnership with Georgia Association of REALTORS® (GAR), was awarded the Ira Gribin Grant from the National Association of REALTORS® (NAR), which will help to fund a program to assist workforce service employees -- such as firemen, police officers, and teachers -- in the purchase of homes in DeKalb County. 

The grant will help to fund the DeKalb Workforce Housing Initiative Program (DWHIP), which seeks to bring together educated REALTORS® and homebuyers who qualify as workforce buyers in order to help stabilize neighborhoods by reducing inventories of foreclosed and distressed properties in targeted communities throughout DeKalb County. DAR's other partners in the DWHIP include the Atlanta Neighborhood Development Partnership, Inc. (ANDP), Dekalb County Department of Community Affairs, Georgia Department of Community Affairs, Prospect Mortgage, Community Capital Bank, and Real Estate Mortgage Network.

"The review committee was very happy to see a program that combined the workforce housing focus with neighborhood stabilization," said Lora McCray, Manager of Housing Opportunity Program Community and Political Affairs for NAR.

At this time, the DWHIP program is offered exclusively to DAR members. The program educates members on topics such as short sales and foreclosures, expanding housing opportunities, and neighborhood stabilization programs. Other classes will be presented by financial institutions featuring various lending products. DAR members will be equipped with homebuyer education materials, and consumer Web sites will contain the list of DWHIP-approved Realtors®. Information regarding the classes will be announced soon. If you have any questions regarding the grant, please call 770-493-6100 ext. 1004 or email grant@dekalbrealtors.com.

Chartered in 1957, the DeKalb Association of REALTORS® helps its members uphold the REALTOR® Code of Ethics; supports issues that affect the home buying public and defend against issues that don't; makes property rights a top priority; and works to improve the industry as a whole.

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