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NEWAYGO COUNTY, MI – As the economy, both nationally and locally continues to slowly improve, Housing Counselors at TrueNorth’s Center for Nonprofit Housing are fielding fewer and fewer foreclosure prevention calls, and see an opportunity to expand their services to address additional financial issues.

The core mission of CNH, to assist low to moderate income families and individuals realize the dream of home ownership, has remained, while at the same time they have always sought to address larger and ancillary financial issues faced by their clients. To that end, they have offered free classes and instruction on everything from building a household budget to avoiding predatory lenders, and from housing rehabs to general home maintenance. With the recent foreclosure crisis moving behind us, during which time they assisted 1,043 families, CNH has launched Newaygo County’s first Financial Empowerment Center (FEC) to their list of services provided.

The FEC will address three major areas; Financial Empowerment Services, including budget and credit counseling, Student Loan Debt and assisting current Military Personnel and Veterans with housing issues. It is not uncommon for people to leave college with student loans nearing six figures at exorbitant rates. This also acts as a huge deterrent for students of low to moderate income families to even go on to college. There are options available that CNH will educate about; including debt consolidation and deferment, but they will also be working with students before they incur student loan debt to help them discover other ways to pay for their higher education. CNH Housing Counselors were also recently certified by Boots Across America, a national nonprofit which helps military families through the home buying process, and stand ready to walk our Military Personnel through the process of homeownership, utilizing any number of programs and services available specifically for this group.  

“We’re pleased to finally be able to see the light at the end of the tunnel in regards to the recent foreclosure crisis, and are really excited to expand our services into these new areas,” said Veronica Turien, CNH Program Manager. “Student Loan debt has become our new crisis with Michigan students averaging over $30,000 in debt repayment, and is preventing folks from attaining other dreams, like homeownership, and working with our Military Personnel and Veterans is really just a privilege that we’re honored to be able to do,” she continued. If you or someone you know, could benefit from the Financial Empowerment Center, you are encouraged to call CNH at (231) 924-0641, or visit the TrueNorth website at www.truenorthservices.org for more information.

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