Workshop offers financial education resources for potential and existing homeowners
BATON ROUGE (October 21, 2021)—Hancock Whitney and Mid City Redevelopment Alliance are partnering to host a free homebuyer and financial education virtual workshop for prospective homeowners in the Houston metropolitan area on Thursday, October 28, at 6:00 p.m. The virtual session, “Talking ‘Financial Cents’ of Homeownership,” aims to give prospective and existing homeowners greater confidence in pursuing and retaining their dreams of homeownership. Participants can register via bit.ly/PYWHseminar. “Hancock Whitney knows the value of strong communities and recognizes that homeownership drives economic growth and prosperity,” said Hancock Whitney Vice President of Community Lending Tish Allen. “We believe that educated homebuyers, especially those looking for their very first home, as well as existing homeowners can benefit from the knowledge our team and our partners provide. We thank our partners for collaborating with us on this important initiative and are excited to bring valuable expertise and resources to this community.” Understanding the anxiety that can occur with the home buying process, Hancock Whitney designed the workshops to position prospective buyers for more positive experiences while providing insight and information to alleviate the challenges sometimes associated with such an important decision and one of a family’s largest purchases. “Homeownership still proves to be a major factor in wealth building for average Americans. Home equity remains the biggest financial asset for the typical American homeowner,” said Ashley Orphe, interim executive director at Mid City Redevelopment Alliance. “Owning a home is the main way most people increase their net worth over time." During the virtual event, current and future homeowners will be introduced to free, online resources to help improve credit health and enable sustainable homeownership featuring the newly revamped Freddie Mac CreditSmart® suite of educational resources. “Freddie Mac is excited to partner with Hancock Whitney and community partners to further homeownership through educational resources designed to empower families with the skills and knowledge to assist them through every stage of their financial and homeownership journey,” said Stacey Walker, Freddie Mac Single-Family’s Director of Housing Outreach. “Empowering informed and confident homeownership decisions is central to our mission and propels our outreach to make home possible.” Additionally, workshop participants can expect to receive in-depth direction on the home buying process and learn how to connect with local assistance providers. The session will conclude with a live question and answer session with industry experts. Hancock Whitney will host additional homebuyer virtual events with community partners in Houston, Texas, and Baton Rouge, Louisiana, on the following dates:
Houston, Texas—Tuesday, October 26, 6:30-7:30 p.m., Fifth Ward Community Redevelopment Corporation
New Orleans, Louisiana —Wednesday, October 27, 6-7 p.m., Jericho Road Episcopal Housing Initiative
To register for or learn more about Hancock Whitney’s virtual workshop series, visit facebook.com/HancockWhitney/events.