FOR IMMEDIATE RELEASE

Release Date: June 02, 1997

Contact:

Steve Rector
Public Affairs Director
208-331-4725
Reed Hollinshead
Media & Public Relations Officer
208-331-4858

Free Home Ownership Fair for First-Time Home Buyers to be Held June 7

BOISE - A free Home Ownership Fair for first-time home buyers will be held Saturday, June 7, 1997, from 10 a.m. to 8 p.m., at the Boise Centre on the Grove. This special event is sponsored by Partners in Home Ownership and is part of an outreach effort for the nationwide National Home Ownership Week" celebration June 7-14, 1997.
The purpose of the Home Ownership Fair is to educate first-time home buyers on how to purchase a home and which local organizations and resources can help them into home ownership. Home ownership contributes to Idaho's strong economy, builds strong communities and is a powerful tool for building economic stability and self-esteem for families.

Some Home Ownership Fair activities include individual workshops and seminars presented by local experts in housing and finance. They will explain how to become a first-time home buyer and what products and services are available.

Information booths staffed by local real estate groups, mortgage lending groups and home owner assistance programs will help fair attenders. Some fair participants include: Boise City Housing and Community Development, the Department of Housing and Urban Development (HUD), Idaho Housing and Finance Association, Boise Neighborhood Housing Services, the Rural Development Agency, the Veterans Administration, Bank of America, Washington Mutual, Norwest, US Bank, Credit Data, Executive Reporting, Realty One, Hometown Services and Cory Barton Builders.

The Magic Man Brad" will be performing for children from 1-5 p.m., and informational pamphlets and promotional items will be available from fair participants.

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The Idaho Housing and Finance Association, a financial services and housing organization, provides funding for affordable housing in Idaho communities where they are most needed and when it is economically feasible. IHFA uses no state funds or state employees to support its operations. For more information, visit our Web site at www.ihfa.org.