Often described as the American Dream, homeownership is what many American families strive for.  Achieving financial goals and investing in the future is what the Dream is comprised of, but homeownership means much more than that.  It is the foundation, the place we get to call home, raise families, build memories, and become part of a community.

Celebrating homeownership began in the 1920’s.  Like many things the celebration has had its fair share of date and name changes.  In 2002, President George W. Bush proclaimed June to be National Homeownership Month.  Despite the name and date changes and even the fluctuations in the real estate market, the celebration has always remained.

For many Americans owning a home is no easy feat.  Many households in the U.S. are cost burdened, paying more than 30% of their incomes for housing.  A large percentage of these households are renters and the remainder are those that make less than $30,000 a year.  Although there are still low interest rates in the market, which help to keep the monthly mortgage payments down, it’s still doesn’t resolve some of the other challenges homebuyers face.  Saving money for a down payment, finding affordable housing inventory, repayment of student loans, and wage growth stand in the way for many Americans trying to purchase a home.

Thankfully there is a large group of people working to help Americans reach the dream and overcome the challenges.  The unsung heroes of the housing market – Housing Agencies and Housing Associations.  These group of people fight the hard fight by protecting and advocating for programs that assist Americans purchase their homes.  At times the insurmountable work done by these groups goes under the radar.

We want to take this time to thank the Housing Agencies for all their hard work.  Without our clients’ creativity and steadfast dedication, the American Dream could not be a reality.  We thank you for choosing Housing and Development Software as your preferred software vendor and allowing us the privilege to play a tiny role in helping families achieve their American Dream.

Housing and Development Software has successfully been supporting 51 Agencies across the country and implementing 147 projects. We are a mission-driven organization. HDS revolutionized the Affordable Housing Market by creating a new workflow and re-engineered the common processes in place, providing technology solutions to streamline the very tedious and manual process that lenders had to endure. It is the depth of experience in the industry that allows us to understand the processes and personality of each Agency and gives us the ability to translate individual business needs, thereby approaching our solution in a manner affecting efficiency, collaboration, and transparency for success.

During this month of June, let us stand up and boast the great work that we all collectively do to help families achieve their American Dream.