Home ownership has long been, and is still today, recognized as the “American Dream” and benefits society as a whole by
Stimulating the local economy
Strengthening our community
Building net worth for individual families
Owning a home is one of the biggest steps one can take toward self-sufficiency, increasing financial stability and developing a safety net. And perhaps, more importantly, the pride of homeownership provides one with a high stake in their community.
One Family’s Story
Job Point’s first independently-built house in Columbia was completed and sold in July 2008. The owners couldn’t be more pleased with their new home at 6 East Forest Avenue. The couple had been searching for a home in Columbia, with the intention of relocating, so the husband could pursue a Master’s degree. With only his wife’s salary as a teacher, the only homes they found within their price range were fixer-uppers, so they were very happy to learn about Job Point’s home for sale. Their excitement was evident at the closing. The husband said, “We never thought we would be able to find a place this nice. It also feels good to be a part of something like Job Point and YouthBuild – to be helping the community”. Now the young couple is building equity and has a fenced back yard for their first child.
These houses were built by Job Point’s YouthBuild participants through private financing and assistance from the City of Columbia’s Community Development Block Grant (CDBG) funds. The program makes homes available for purchase by families or individuals at or below 80% of the Boone County median income level. First time home buyers are given preference, and up to 20% of the purchase price may be provided in down payment assistance.