On Friday, November 22, 2024 at 10:20am, Melissa J. Rupp and Patrice Powers-Barker will be presenting Homebuyer Education: Individualized financial education for a major life purchase at this year’s Symposium. AFCPE Symposium 2024 is the intersection of financial education, research, and practice.
Welcome to Ohio! Here’s a recipe for candy Buckeyes
A simple mindful reminder:
PowerPoint: Homebuyer Education_AFCPE_2024
National, State, and Local Partners:
- US Department of Housing and Urban Development (HUD) https://www.hud.gov/
- Consumer Financial Protection Bureau (cfpb) https://www.consumerfinance.gov/
- America Saves https://americasaves.org/
- US Department of Agriculture (USDA), Rural Development, browse by state offices) https://www.rd.usda.gov/
- National Council of State Housing Agencies (NCSHA) Find a State Housing Finance Agency https://www.ncsha.org/housing-help/
- Ohio Housing Finance Agency (OHFA) https://ohiohome.org/index.aspx
- Habitat for Humanity (link to local your local Habitat) https://www.habitat.org/
- Local city/county programs
- For example, Toledo, Ohio “Home At Last” https://toledo.oh.gov/residents/landlord-tenant-resources/down-payment-assistance
Financial Education Resources and Tools for Homebuyers:
If someone is just starting to consider homeownership and calls the office with questions, the CFPB has a roadmap and information on Buying a house: Tools and resources for homebuyers.
Depending on their personal situation, these resources are used by the educator for discussion on the phone call and shared in the follow-up email with the first-time homebuyer.
- Counting Your Money Calendar
- Eight Easy Exercises for Financial Fitness: Plan Your Spending
- Budgeting: How to create a budget and stick with it CFPB
- PowerPay Debt Reduction Tool Note in email: You will need to make an account, but it is free and worth the effort to build a plan to reduce debt.
- Note in email: If you’d like to calculate how much money you would save over time by paying extra to your mortgage you can use this online extra payments calculator
- Follow up email also shares local resources such as link to county Extension office, horticulture hotline, etc.
Thank you for visiting the Buckeye State. In our session we talked about the famous Buckeye dessert recipe: https://www.justapinch.com/recipes/dessert/candy/ohio-state-buckeyes.html The only thing Patrice would add to this recipe is to add the toothpicks to the peanut butter balls before putting them in the freezer.
Contact Information:
- Patrice Powers-Barker, CFLE, Extension Educator, Family and Consumer Sciences, powers-barker.1@osu.edu
- Melissa J. Rupp, AFC®, Assistant Professor, Extension Educator, Family and Consumer Sciences, rupp.26@osu.edu
References:
Housing Counseling through Cooperative Extension (2017). The Bridge: The Office of Housing Counseling Newsletter. U.S. Department of Housing and Urban Development. VOLUME 5, ISSUE 9 MARCH 2017 https://www.hud.gov/sites/documents/OHC_BRIDGE033017.PDF
Loibl, C., Durhan, J., and Moulton, S. (2018). Rich Opportunities from Collaboration with a State Housing Finance Agency. Journal of Extension. v56-7 iw5. https://open.clemson.edu/joe/vol56/iss7/16/
Myhre, M., and Elsasser Watson, N. (2017). Housing Counseling Works. U.S. Department of Housing and Urban Development. https://www.huduser.gov/portal/sites/default/files/pdf/Housing-Counseling-Works.pdf
Peck, L., Moulton, S., Bocian, D., Morris, T., DeMarco, D., US Department of Housing and Urban Development, Office of Public Development and Research, Abt Associates. (2021). Long-Term Impact Report: The HUD First-Time Homebuyer Education and Counseling Demonstration. https://www.huduser.gov/portal//portal/sites/default/files/pdf/Long-Term-Impact-Report-HUD-First-Time-Homebuyer-Education-Counseling-Demonstration.pdf
Sackett, C. (2016). The Evidence on Homeownership Education and Counseling. U.S. Department of Housing and Urban Development. https://www.huduser.gov/portal/periodicals/em/spring16/highlight2.html