22 Fresno families celebrate new homes they helped build, pay off through 'sweat equity'

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FRESNO, Calif. (KSEE/KGPE) – Over 2 twelve families walked into dreams they helped physique this week; connected Friday, 22 families opened the doors to their caller self-built homes successful Southwest Fresno’s Annadale neighborhood.

The homes were portion of a year-long task to assistance families flooded "the challenging financing landscape" and marque location ownership much attainable for low-income families.

In a tangible measurement toward equity and semipermanent transformation, the metropolis donated $1.4 cardinal and partnered with Self-Help Enterprises (SHE), a improvement enactment whose ngo is to enactment with low-income families to physique and prolong steadfast homes and communities.

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The families worked side-by-side, contributing “sweat equity” alternatively of a down payment. This was achieved done tasks similar pouring foundations, framing walls, wiring, and painting, redeeming homeowners $17,000 each.

The work, however, was much than conscionable astir reducing costs; it was astir gathering community.

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“We didn’t conscionable physique a house—we built a assemblage and a future,” said Esmeralda Melecio Lopez. “My household was my motivation. Their enactment kept maine focused connected the bigger representation and reminded maine what we were moving toward.”

The emblematic homebuyer was besides provided $10,000 done SHE's down outgo assistance program, $100,000 from State CalHome, $29,000 from the Federal Home Loan Bank of San Francisco's WISH Program, and up to $7,500 towards closing costs from Tri Counties Bank Homeownership Access Program.

The project was archetypal announced successful January 2022 to supply affordable lodging portion tackling the lodging crisis.

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