The Center for Home Ownership (CHO) in Winston-Salem has been named a recipient of a HOPE award, a national industry accolade, for its commitment to helping minority families achieve and sustain their dream of buying and owning a home.
The award is conferred by a partnership of several real-estate organizations, including the National Association of Realtors in Washington, D.C. CHO was among seven organizations/individuals, and the only one in North Carolina, to earn the award. It was cited in the education category for its decade-long role as a full-service housing counseling center in Winston-Salem/Forsyth County, to which thousands have turned for pre-purchase counseling, credit rebuilding, homebuyer education, budgeting assistance, and other services. To date, it has helped more than 900 families, including many minority families, achieve first-time home ownership, with a foreclosure rate of less than 2 percent.
“We are deeply honored and grateful to the partnership sponsors for their recognition of CHO,” says Peter Laroche, president and CEO of Consumer Credit Counseling Service of Forsyth Inc., CHO’s parent organization. “Education is requisite in the complex process of homeownership. CHO strives to provide our communities with tools they need to make informed choices toward achieving their dreams.”