Press Release – February 13, 2021

The Greater Crisfield Action Coalition, Inc. (GCAC) is pleased to announce a FREE real estate and mortgage lending professionals virtual training program. This program will kick off a series of events focused on growing the homeownership rate among first time homebuyers in the Greater Crisfield Area and throughout the local region.  Why is this so important?  Sustainable homeownership is the easiest way to build wealth in this country.  The US Census shows wealth inequality between homeowners and renters is striking with homeowners having a median net worth 80 times higher than a renter, which is likely to be higher given the current state of affairs due to COVID19. With the poverty level in the Greater Crisfield area approaching 40% we feel it is extremely important that we begin to educate consumers, who have the financial capability, regarding the important role homeownership plays in achieving long term financial stability. This begins, of course, with educating those professionals about the tools currently available to make homeownership possible for many in this region.

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