News Release FOR IMMEDIATE RELEASE May 25, 2007 Contacts: Angela Jones, Public Information Officer, (SHRA) 916/919-3090 (Mobile) Jennifer Harris, Executive Director, (HLCC) 916/646-2005 (Office) ________________________________________________________________ Sacramento Regional Partners in Homeownership Present 11th Annual Homeownership Fair 2007 “Opening the Doors to Homeownership in Sacramento” Sacramento, Calif., (May 25, 2007) - The Sacramento Regional Partners in Homeownership invites the public to attend the free 11th Annual Homeownership Fair on Saturday, June 23, 2007. The event takes place from 9 a.m. to 3 p.m. at the Sacramento Association of Realtors Auditorium, 2003 Howe Avenue, Sacramento. The Opening Ceremony will take place at 9 a.m. The Homeownership Fair features dozens of industry exhibitors and free bilingual classes geared for visitors who are thinking of becoming a homeowner, having problems making payments or loan payment about to increase, facing foreclosure or a high mortgage payment from an interest-only or subprime loan. Classes include information on how to become a first time homebuyer, including the buying process and terms, down payment assistance, credit reports and scoring, how to avoid tempting loans that can cause serious trouble for borrowers, and tips on home energy efficiency and smart money management. Prospective homebuyers will be able to talk one-on-one with professionals in real estate, lending, credit counseling, government housing agencies and private housing advocates, insurance, title companies, and many more! The WISH (Workforce Initiative Subsidy for Homeownership) program is available this year through the Federal Home Loan Bank of San Francisco. The program provides a matching grant (based on client’s share) for down payment and closing cost assistance to qualified first time homebuyers who attend the fair. This program is designed to help households in high-cost areas purchase homes. Eligible clients must complete homeownership education classes through Home Loan Counseling Center of Sacramento. The Sacramento Regional Partners Homeownership Fair is the most complete one-stop opportunity to find out everything potential homebuyers need to know to unlock the door to their first home. For more information visit the Homeownership Fair website at www.OwnAHomeFair.com or call the Home Loan Counseling Center at 916/646-2005. *The Sacramento Regional Partners in Homeownership include County of Sacramento, City of Sacramento, Sacramento Housing and Redevelopment Agency, City of Citrus Heights, City of West Sacramento, U.S. Department of Housing and Urban Development-Sacramento, U.S. Representative Doris Matsui, Home Loan Counseling Center of Sacramento, Sacramento Association of Realtors, Sacramento Realtist Association, U.S. Bank, Fannie Mae-Central Valley Partnership Office, Sacramento Housing Alliance, California Mortgage Bankers Association, River City Bank, By Design Financial Solutions, Cal-Vet Home Loans, Moneywell Mortgage Group, and Redmond Resources.