Affordable Housing Week Kicks-off May 15

By Scott Zengel

The Bay Area Council’s Bay Area Ross Program in Real Estate partners with SFHDC to kick-off Affordable Housing Week

Did you know that foreclosures increased by 723% in San Francisco between 2006 and 2008? Meanwhile, access to credit has severely decreased, with fewer available loans and much stricter lending practices than in past years. How does one afford to live in the Bay Area? Current stimulus opportunities and programs may provide a fresh mechanism for solving these economic setbacks.

In response to these trends, the San Francisco Housing Development Corporation (SFHDC) has organized the first ever Affordable Housing Week. This three-day event will work to resolve economic issues in the communities most affected by the recession.

SFHDC Affordable Housing Week includes a series of community workshops and other activities that focus on topics including, “Live a Greener Life,” “How to take advantage of a buyers’ market,” “Tips on how to increase your FICO score, increase your savings, and negotiate with creditors,” and “Steps to take to avoid foreclosure.” In conjunction with these workshops, SFHDC will also host an array of activities such as an “Affordable Housing EXPO,” featuring affordable homes, financial assistance opportunities, savings and asset building programs, and much more.

The Bay Area Council’s Bay Area Ross Program in Real Estate is pleased to partner with SFHDC to host a kick-off event on Friday, May 15. Participants will gather at Flora Grubb Gardens in San Francisco to hear speakers from community organizations, foundations, financial institutions and city offices share their insight on civil rights, green business and how to utilize the federal stimulus package to solve issues in urban infill. A Bay Area Ross Program information booth will also be on site Saturday, May 16 at the Affordable Housing EXPO. For more information about the program please visit the SFHDC website at: We hope to see you there!

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