Tallahassee Lenders' Consortium

Down payment assistance interest free down payment assistance loans made to 33 low income families.

Neighborhood revitalizationto help develop resident leadership in several southside low-income neighborhoods, working in conjunction with the city of Tallahassee and neighborhood partners. Our primary focus will be to help develop and train low-income resident leaders and help the leaders learn how to do effective strategic planning and how to write grants and look for funding opportunities to fund their plans, resulting in revitalized neighborhoods. Tlc will continue to do acquisition/rehabilitation/resale of affordable housing.

Counseling for one on one counseling (prepurchase, delinquency, foreclosure, and reverse mortgage) we conducted 209 counseling sessions. For group counseling (orientation, financial literacy, prepurchase education and post purchase education) we served approximately 718 households. Counseling services are expanding to include the following: hecm counseling (reverse mortgage counseling for seniors) certified staff to provide hecm counseling to seniors (62 years or older) who are interested in securing a revenue morgage loan. Tlc does not offer the loan. Hud requires that all seniors receive counseling prior to getting a hecm loan. Tlc will provide the counseling.