The Appleton Housing Authority (AHA) partners with SECURA Insurance to help make first-time homeownership an attainable dream for SECURA employees. In honor of June as National Homeownership Month, AHA and SECURA are joining forces to share how the Employer Assisted Housing (EAH) Program works as a model for how other area companies can help their employees to also achieve their goals of owning a home.
SECURA first started its EAH Program with the AHA in 2014, and over the past two years, 16 of its employees have successfully purchased their first home utilizing the program, which combines first-time homeownership classes and counseling from the AHA and financial support in the form of a $5,000 grant from SECURA as a source of down payment monies for qualifying employees.
“Our employees have expressed much gratitude for this program,” noted Angela Winsor, human resources specialist for SECURA Insurance. “They appreciate the assistance they receive throughout all phases of the home buying process and are always thankful for the financial contribution,” Winsor said.
According to Kent Gross, AHA Homebuyer Program manager, AHA first-time Homebuyer classes focus on an array of topics, including: homebuyer readiness, money management, understanding credit, obtaining a mortgage loan, protecting your investment and shopping for a home.
“We help SECURA employees with every step of the process, which can be overwhelming for those who have never established a budgeting plan,” Gross said. He continued, noting, “That process includes learning about credit scores and how they can be improved, different types of budgeting, payments, interest rates, the process of working with a realtor and more. We want to empower them so that they feel in control of the steps they need to take.”
SECURA currently has four employees participating in the EAH Program, according to Winsor and both current and past employee participants have noted how the knowledge they received by attending AHA first-time Homebuyer Classes empowered them to continue their first-time homebuyer experience. “The classes give them a better understanding of what lies ahead in the home buying process and all of the paperwork that goes with it so they are more equipped to make decisions that will yield favorable results,” Winsor said.
Area businesses or corporations interested in learning more about the AHA’s EAH Program can contact Gross at (920) 739-6811 ext. 111 or by email at firstname.lastname@example.org.
About National Homeownership Month:
National Homeownership Month started as a week-long celebration of homeownership during the Clinton Presidential Administration in 1995. In 2002, President George W. Bush proclaimed June as the National Homeownership Month. Here is an excerpt from his proclamation:
“Homeownership is an important part of the American Dream…A home provides shelter and a safe place where families can prosper and children can thrive. For many Americans, their home is an important financial investment, and it can be a source of great personal pride and an important part of community stability.”
“Homeownership encourages personal responsibility and the values necessary for strong families. Where homeownership flourishes, neighborhoods are more stable, residents are more civic-minded, schools are better, and crime rates decline.”
“During National Homeownership Month, I encourage all Americans to learn more about financial management and to explore homeownership opportunities in their communities. By taking this important step, individuals and families help safeguard their financial futures and contribute to the strength of our Nation.”
About the Appleton Housing Authority:
The Appleton Housing Authority (AHA) is the largest provider of affordable housing options in the Appleton area, serving over 900 families per month. The agency has operated rental housing, homeownership and family self-sufficiency programs along with other key housing-related programs in the Appleton community for over 49 years.
The AHA’s non-profit Neighborhood Housing, Inc. (NHI) organization is committed to affordable housing and the self-sufficiency of families, elderly, veterans and disabled individuals in the Fox Cities. NHI’s successful partnership with the Appleton Area School District (AASD), annually brings students from Appleton East, North and West High Schools together to build a new, affordable home for area families in need of an affordable residence. For more information about the AHA’s history, mission and programs, visit www.appletonhousing.org.
About SECURA Insurance:
SECURA Insurance is a property and casualty insurance company headquartered in Appleton, Wis. More than 450 independent insurance agencies in 12 states represent the company, which provides a broad range of competitive commercial, personal, farm, nonprofit, and special events insurance products. It is known for providing exceptional service to its agents and policyholders since 1900, and is rated A (Excellent) by A.M. Best for its excellent ability to meet policyholder obligations. The carrier was named to Ward’s Top 50 for outstanding results in financial performance and consistency over a five-year period. Visit www.secura.net to learn more.