Meet our Homeownership Team! |
Justicia Martinez (Middle), Homeownership and Personnel Manager
Pete Lopez (Right), Homeownership Advisor
April Jones (Left), Homeownership Advisor and Foreclosure Specialist
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Register for Homebuyer Education Classes! |
First Deed Restricted Shared Equity Model in the NATION! |
NeighborWorks Southern Colorado is pleased to celebrate the closing of the first Deed
Restricted Shared Equity home using the model deed restriction created by Ground Solutions Network out of Washington, DC. While Shared Equity has been around for years, this particular model was created in 2021 by Grounded Solutions with the help of Fannie Mae and Freddie Mac to create an affordable homeownership model that lenders could then sell on the secondary market, opening up many different lending options to the homebuyer.
NeighborWorks Southern Colorado, located in Pueblo, CO, was fortunate to receive technical assistance from NeighborWorks America through a Shared Equity Grant to work with a Grounded Solutions Network Consultant who assisted us with modifying the model deed restriction to fit the needs of our organization while still serving the best interests of the families we serve. Soon after finalizing, what is now known as the NeighborWorks Southern Colorado Shared Equity Homeownership Program, we received our Duty to Serve certification, placing our program on Fannie Mae Connect, as a certified program that meets the shared equity homeownership definition in the FHFA Duty to Serve rule.
We’d like to thank the local team of Pam Gonzales with Thrive Mortgage, Micki Catalino with Land Title Guarantee Company, Marlene Berrier with RE/MAX of Pueblo, Inc., Deanna Westerby with RE/MAX Associates, and many others, in working together to make the dream of homeownership a reality for Mrs. Jones and her Family.
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Pikes Peak Park Groundbreaking! |
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After many years, NeighborWorks Southern Colorado broke ground on our Pikes Peak Park development in May! Pikes Peak Park will be a mixed-use, mixed-income community built on almost 80 acres! The community will be a catalyst for investment and connectivity for the west side of Pueblo and will include retail space, community buildings and over 15 acres of public parks and green space. It will also have access to childcare, healthcare services, and food access services as well as connections to trails throughout the development that connect to the City's planned regional trail system. The development will consist of over 600 housing units, where approximately 74% of the single-family homes will be available for affordable homeownership to those who operate within 50-120% AMI and would otherwise be locked out of homeownership. This is all made possible by using a Shared-Equity Model.
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Join us at the Steel Works Museum the second Friday of every month for the Bessemer Mobile Food Pantry! It is located at 215 Canal St. Pueblo, Co 81004. We meet there at 1:00pm, and we stay until about 3:00pm.
We also offer other volunteer opportunities throughout the year, so if you are interested in volunteering with our organization please click the link below and fill out the form.
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1241 E. Routt Ave. None | Pueblo, CO 81004 US
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