| Welcome to Frameworks CDC |
Frameworks Community Development Corporation Home
Welcome to the home of Frameworks Community Development Corporation!
Frameworks Community Development Corporation, Inc. (Frameworks CDC) is a nonprofit HUD-approved
community development corporation serving the greater Central Texas area. Frameworks CDC is a leader
in providing foreclosure prevention services in the greater central Texas area. Frameworks CDC
provides FREE foreclosure prevention counseling to families at risk of foreclosure and intervenes with
banks to help families avoid foreclosure. All counselors have been fully trained and certified to provide
foreclosure prevention services.
Frameworks CDC also helps families who are seeking affordable housing and affordable loan products.
We help families qualify and locate affordable housing and low-cost mortgage loans with flexible
guidelines. Frameworks CDC has partnered with numerous lenders, developers (both non-profit and for-
profit), builders and other key players in the community to make homeownership a reality for Austin and
Central Texas families.
Frameworks CDC has made the dream of homeownership a reality for many families through
homeownership education and counseling and by partnering with banks to provide low-cost, low-interest
mortgage loans. Please feel free to contact us if you are interested in financial literacy education or
homeownership education and counseling. Also, feel free to browse our website and learn more about
who we are and what we do. If we can be of assistance contact us.
Frameworks CDC Overall Community Impact
Frameworks CDC has counseled and educated over 1250 families since June, 2005 with the following
outcomes:
Futhermore, Frameworks CDC has helped many families retain their home through foreclosure prevention
services.
Frameworks CDC Strategic Goals For 2010
Frameworks CDC can be contacted by calling 512.385.1500 or via email at Info@FrameworksCDC.org.
We are conveniently located on the eastside of Austin at 701 Tillery Street, Suite A-7B, Austin, TX 78702.
Welcome to the home of Frameworks Community Development Corporation!
Frameworks Community Development Corporation, Inc. (Frameworks CDC) is a nonprofit HUD-approved
community development corporation serving the greater Central Texas area. Frameworks CDC is a leader
in providing foreclosure prevention services in the greater central Texas area. Frameworks CDC
provides FREE foreclosure prevention counseling to families at risk of foreclosure and intervenes with
banks to help families avoid foreclosure. All counselors have been fully trained and certified to provide
foreclosure prevention services.
Frameworks CDC also helps families who are seeking affordable housing and affordable loan products.
We help families qualify and locate affordable housing and low-cost mortgage loans with flexible
guidelines. Frameworks CDC has partnered with numerous lenders, developers (both non-profit and for-
profit), builders and other key players in the community to make homeownership a reality for Austin and
Central Texas families.
Frameworks CDC has made the dream of homeownership a reality for many families through
homeownership education and counseling and by partnering with banks to provide low-cost, low-interest
mortgage loans. Please feel free to contact us if you are interested in financial literacy education or
homeownership education and counseling. Also, feel free to browse our website and learn more about
who we are and what we do. If we can be of assistance contact us.
Frameworks CDC Overall Community Impact
Frameworks CDC has counseled and educated over 1250 families since June, 2005 with the following
outcomes:
- Approximately 876 families are now homeowners.
- 832 of the families are first time homeowners.
- Ninety percent are moderate incomes households
- The average purchase price for a home was approximately $122,955
- Each of the families who are now homeowners will accumulate an average of $62,807 in home
equity in one decade of homeownership. - Over $2.8 million of local tax revenues generated per year as a result of the homeowners.
- Banks have invested over $118 million in families through affordable mortgage lending.
Futhermore, Frameworks CDC has helped many families retain their home through foreclosure prevention
services.
Frameworks CDC Strategic Goals For 2010
- Expand Homeownership Opportunities by adding Introduction to Homeownership Workshops,
and long term Home Buyers Clubs in order to enhance the scope of the current Comprehensive
Home Buyer Education and Counseling program. - Increase Affordable Housing Stock through the Acquisition and Rehabilitation of Real Estate
Owned (REO) homes from financial institutions and Resale of those homes at affordable prices
and/or the provision of rental housing at affordable rental rates. - Stabilize Communities hardest hit by the economic downturn, unemployment, mortgage
delinquencies and foreclosures by working with families through Foreclosure Prevention
Counseling to help them save their homes. - Develop replicable Best Practices in Community Outreach. Demonstrate effective communication
with minority communities through: Telethons in Spanish on Univision; Focused Money
Management information on radio broadcasts to the African American community; and Public
Access TV broadcasts on Money Management, Credit Repair and Homeownership. - Sustain Frameworks programs over the long term by broadening the base of financial support
through: Grants from private, foundation, corporate and governmental sources; Earned revenue
through contracts to provide homeownership related services; and Fees from redevelopment of
Real Estate Owned housing.
Frameworks CDC can be contacted by calling 512.385.1500 or via email at Info@FrameworksCDC.org.
We are conveniently located on the eastside of Austin at 701 Tillery Street, Suite A-7B, Austin, TX 78702.
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| Please click above to register for FREE Foreclosure Prevention Counseling. |