KCCD is excited to once again host our Annual Homeownership Fair! These fairs are a great way to provide access to information and resources our community needs to achieve the American Dream of owning a home. We hope that you will be able to join us!

Sincerely,

This family-friendly community event will provide a forum for industry professionals and government agencies to gain access and communicate invaluable information to Korean Americans about home ownership. The fair will include two plenary sessions, one in the morning and one in the afternoon, about specific topics (e.g. credit, predatory lending, down payment assistance, refinancing, home improvements, foreclosure, reverse mortgage, etc.) as well as providing opportunities for attendees to visit exhibit booths to get resource materials, receive credit checks, and speak to bank, mortgage, nonprofit, and government representatives.

Our previous five homeownership fairs have been very successful with a combined attendance of over 2,500 and excellent reviews from both participating agencies and attendees. In addition to attendees learning about the home buying process, the sponsors and exhibitors had an opportunity to learn about the Korean-American community and broadened their marketing efforts. The State of the County Report by United Way of Greater Los Angeles reports that only 37.3 percent of the Korean population owns a home, more than 10 percent below the 48.2 percent overall home ownership rate in Los Angeles County. However, a free credit check service at the Fair revealed that 95% of the FICO credit scores of participants were over 750, a very high score that is seldom reported. At the fair, many attendees completed loan applications on site. As with previous fairs, we plan to garner a broad base of support from the government, church, nonprofit, and private sectors. We will also conduct a massive outreach campaign through print media, television, and radio to publicize the event.

KCCD is a non-profit faith-based organization, which serves as a bridge between the Asian American community and the greater community at large in connecting and creating private and public collaborations. Our mission is to maximize the capacity of Asian American faith-based organizations and other community non-profits to remove the cultural, language and economic barriers by increasing their access to resources and funds in order to assist low income individuals and revitalize neighborhoods.