Today we are joined by Jamie Fritts. He’s the Housing and Economic Development Coordinator with the City of Woodbury. Part of his mission is promoting and raising awareness for a truly exciting program for first-time homebuyers. Jamie’s background is working in affordable housing and rentals, and he’ll enthusiastically share what it is about this innovative program that creates affordable home buying in Woodbury.
In this episode:
- What inspires Jamie to help create affordable housing for all.
- How to figure out what a community needs.
- How accessible this program is in terms of income limit and purchase price.
- Making this program truly inclusive to serve a wide variety of people.
- What makes Woodbury’s program different compared to similar programs in other cities.
- The two different programs to support new homebuyers and first generation homebuyers.
- The advantages this program will provide you as a first time homebuyer.
- The surprising rate you can get if you qualify as a first generation homebuyer.
- Why it’s so important to address past discrimination and redlining in the home buying process.
- The number of loans the City of Woodbury will be providing.
- The percent of purchase price required for down payment assistance.
- What the purchase price percentage is capped at.
- Helping disadvantaged people get the best deal to support them and their future generations in building generational wealth.
- Who to call to apply for this program.
- Stacking of other down payment assistance programs.
- The many highlights of utilizing this program.
- Jamie’s favorite aspects of living in Woodbury.
Contact Jamie
Work Phone: 651-414-3438
Email: jamie.fritts@woodburymn.gov
