Dallas Home Connection Overview

A Secure Path to Home Ownership

The Dallas Home Connection (DHC) is a collaboration of select nonprofit home builders and financial institutions dedicated to providing quality affordable housing in the heart of Southern Dallas. The mission of the Dallas Home Connection is to provide a secure path to home ownership through financial literacy education; empower the low-middle income population to break through the barriers to home ownership; and walk hand in hand with clients as they navigate the process of getting a home and keeping it, resulting in the revitalization of Southern Dallas.

The DHC partners are working to increase the number of qualified homebuyers through a financial literacy program called the HomeBuyers Club, which the Urban League will facilitate. By building a pipeline of qualified buyers among low-middle income citizens, more affordable homes can be built, which is key to stabilizing communities in Southern Dallas. Most importantly, new homeowners will receive mentoring and support long after they have moved in to their homes.

The DHC process is secure: all vendors in the mortgage and title process are thoroughly vetted to protect the interests of the HomeBuyers Club members, making sure they are getting the right loan at the right time for a new home, and that they are prepared to keep that investment for the long term. Residents of DHC housing partners boast a foreclosure rate of less than 2%.

Who are the DHC Builders and their Partners?

DHC Communities currently include:

What is the HOMEBUYER CLUB (HBC)?

The motto of DHC is “Get it. Keep it.” which is timely, relevant and critical, given the current economy. In partnership with the Urban League of Dallas, DHC provides the HomeBuyer Club education program as an essential element to help potential home buyers succeed in qualifying for a mortgage and building stronger credit and savings through sound financial counseling.

The HBC process helps first-time homebuyers learn about the home buying process through seminars, support from other first time homebuyers, and consistently reliable information.  Individual counseling with HBC experts generally include topics such as budgeting, creating a savings plan, and repairing bad credit.

The HBC provides support even after the sale to help owners continue to make smart decisions and avoid the financial troubles and mistakes that can lead to the loss of their home. The goal is to help potential homebuyers get their dream home – and keep it!

HomeBuyer Club Benefits:

  • Education into the complex process of buying a home
  • Up to $25,000 in federal, state and local mortgage assistance grants
  • Credit Counseling to help you qualify for a mortgage
  • Tips on shopping for a new home
  • Training on maintaining your new home
  • Strong neighborhood associations to provide a warm, friendly, and safe environment for your family.

Target Homebuyer:

  • Majority are Single Females, or single females with children
  • Age: 30’s to 40’s
  • Work as teachers, healthcare, law enforcement, or business administration support
  • Most make between $22,000 and $45,000 (wanting to attract up to $60,000)
  • Good solid hardworking citizens
  • Most are currently renting and are first-time homebuyers.

Geographic areas:

The Dallas Home Connection is currently working in Southern Dallas, which includes the areas that stretch around downtown from Pleasant Grove to Fair Park to Oak Cliff and West Dallas. This crescent holds great opportunities for DHC to create positive impact, both socially and economically.  The success of DHC is changing the face of the Southern Sector of Dallas, revitalizing the community with pride and bringing stability, economic development, and value to the city of Dallas as a whole.

DHC home overview:

  • Quality, energy efficient, affordable single-family housing. Typically 3 bedrooms 2 baths with attached garage.
  • Appx 1200-1500 sq feet.
  • Most come with complete appliance package including washer and dryer and home security system.
  • Most neighborhoods are just minutes from downtown, shopping and entertainment.
  • Most feature close access to DART train and bus lines.
  • Many neighborhoods feature recognized public and private schools.
  • Homes sell for $100,000 to $130,000
  • Typical homebuyers are eligible for grants of around $20,000 to defer the cost of the homes. This brings the cost of the homes to under $100,000 for most buyers.

Media Contact:
Christine Volkmer

T. 972-863-8100
M. 214-794-5498
christine@volkmerpr.com