Frayser CDC

 Programs & Services

The Frayser Community Development Corporation provides a number of services to people in the Frayser community, from affordable home sales to pre-purchase counseling. You can find more information about each of our services below.

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Affordable Home sales

Increases access to affordable homes for working families while building the Frayser Community as a neighborhood of choice. Typical housing costs, include taxes and insurance for buyers are $470/month.*

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Rental housing program

For those that like to live in a very nice home, but do not want to deal with the responsibility of home ownership, the CDC offers a variety of houses for rent.

 

 


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Home Buyer education

Produces well-informed home buyers equipped with the necessary tools to become homeowners: from budgeting to real estate terms and basic mortgage information. Participants recieve a certificate of completion that is required for down payment assistance, and special mortgage programs for first time buyers.

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pre-purchase counseling

Leads to a reduction in mortgage delinquency up to 50% by empowering the buyer to make informed decisions, and improve their home buying success

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Mortgage default/loss mitigation

Assists homeowners who are in default and being threatened by foreclosure.


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Rental counseling

Helps potential renter prepare for and make informed decisions before signing a lease.

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financial literacy

Enables families to make smart choice, set goals, become and remain fiancially stable.