| Welcome to Frameworks CDC |
Frameworks Community Development Corporation Home
Welcome to the home of Frameworks Community Development Corporation!
Frameworks Community Development Corporation, Inc. (Frameworks CDC) is a nonprofit community
development corporation serving low-to-moderate income individuals and families in Austin, Texas.
Frameworks CDC helps families who are seeking affordable housing and affordable loan products. We
help families in the Greater Austin area qualify and locate affordable housing and mortgage loans with
flexible guidelines and that are low-cost. Frameworks CDC has partnered with numerous lenders,
developers (both non-profit and for-profit), builders and other key players in the community to make
homeownership a reality for Austin and Central Texas families.
Frameworks CDC has made the dream of homeownership a reality for many families through
homeownership education and counseling and by partnering with banks to provide low-cost, low-interest
mortgage loans. Please feel free to contact us if you are interested in financial literacy education or
homeownership education and counseling. Also, feel free to browse our website and learn more about
who we are and what we do. If we can be of assistance contact us.
Frameworks CDC Overall Community Impact
Frameworks CDC has counseled and educated 750 families since June, 2005 with the following
outcomes:
Futhermore, Frameworks CDC has helped many families retain their home through foreclosure prevention
services.
Frameworks CDC Goals For 2008
Frameworks CDC can be contacted by calling 512.385.1500 or via email at Info@FrameworksCDC.org.
We are conveniently located on the eastside of Austin at 701 Tillery Street, Suite A-7B, Austin, TX 78702.
Welcome to the home of Frameworks Community Development Corporation!
Frameworks Community Development Corporation, Inc. (Frameworks CDC) is a nonprofit community
development corporation serving low-to-moderate income individuals and families in Austin, Texas.
Frameworks CDC helps families who are seeking affordable housing and affordable loan products. We
help families in the Greater Austin area qualify and locate affordable housing and mortgage loans with
flexible guidelines and that are low-cost. Frameworks CDC has partnered with numerous lenders,
developers (both non-profit and for-profit), builders and other key players in the community to make
homeownership a reality for Austin and Central Texas families.
Frameworks CDC has made the dream of homeownership a reality for many families through
homeownership education and counseling and by partnering with banks to provide low-cost, low-interest
mortgage loans. Please feel free to contact us if you are interested in financial literacy education or
homeownership education and counseling. Also, feel free to browse our website and learn more about
who we are and what we do. If we can be of assistance contact us.
Frameworks CDC Overall Community Impact
Frameworks CDC has counseled and educated 750 families since June, 2005 with the following
outcomes:
- Over 500 families are now homeowners.
- 420 of the families are first time homeowners.
- Ninety-eight percent of the families have low-to-moderate incomes.
- The average purchase price for a home was approximately $122,955
- Each of the families who are now homeowners will accumulate an average of $62,807 in home
equity in one decade of homeownership. - Over $1.1 million of local tax revenues generated per year.
- Banks have invested over $40.7 million in families through affordable mortgage lending.
Futhermore, Frameworks CDC has helped many families retain their home through foreclosure prevention
services.
Frameworks CDC Goals For 2008
- Expand its pre-purchase homebuyer education and counseling program to serve 400 families with
at least 300 families becoming homeowners. - Expand its financial literacy program to offer more classes and reach more families to serve a
minimum of 300 individuals. - Expand our loss mitigation/foreclosure prevention program to help families at risk of foreclosure or
in a subprime or predatory mortgage loan product focusing on low-to-moderate income families
and minorities who are often the target of predatory and subprime lenders. - Implement an Employer-Assisted Housing Program to provider employers with options to provide
financial literacy, homebuyer education and homeownership assistance to their employees as a
benefit - Partner with additional developers and builders who provide affordable homeownership
opportunities in the greater Central Texas area - Provide post-purchase education using the NeighborWorks ‘Keeping the American Dream’
curriculum - Partner with organizations to provide post-purchase education covering topics such as home-
improvement, maintenance, investing and other topics vital to furthering wealth-building and home
maintenance - Develop partnerships with employers, non-profits and government agencies to further the mission
of helping achieve long-term homeownership by providing quality financial literacy and homebuyer
education to their constituencies and employees
Frameworks CDC can be contacted by calling 512.385.1500 or via email at Info@FrameworksCDC.org.
We are conveniently located on the eastside of Austin at 701 Tillery Street, Suite A-7B, Austin, TX 78702.
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| Please click above to register for FREE Foreclosure Prevention Counseling. |