KCCD Partners with Freddie Mac to Offer Consumers and Potential Homebuyers CreditSmart® Asian Guidebooks
On June 14, Korean Churches for Community Development participated in a press conference hosted by Freddie Mac announcing the availability of CreditSmart Asian in Korean language to the Los Angeles community. The guidebooks address common barriers to homeownership among Asian Americans and feature three modules: The Importance of Good Credit, Steps to Homeownership, and Homeowner Benefits and Responsibilities.
Hyepin Im, KCCD President & CEO said, "KCCD is proud to partner with Freddie Mac in the release of Credit Smart Asian in the Korean community. KCCD has educated over 3,500 individuals to take their first step in achieving the American Dream. Korean homeownership rate of only 37.3 percent compared to the 48.2 percent overall home ownership rate in Los Angeles County indicates much work needs to be done in reducing this significant homeownership gap. The CreditSmart Asian guidebooks in Korean language is timely and will be a tremendous resource in helping many Korean Americans achieve their dream of homeownership." |
Freddie Mac CreditSmart Asian Press Conference From Left: Hyepin Im, KCCD President and CEO; Julie Sun, Freddie Mac; Jeong Yeon Hong, NAKASEC; Jin Kim, KCCD Executive Director; Jun-Ho Hwang, KCCD Successful Homebuyer |