Dallas County highlights homeownership counseling, schedules ‘Money Matters’ event as part of financial literacy month
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Summary
County Health & Human Services and the Home Loan Counseling Center described counseling outcomes and a Money Matters event set for April 12, 2025; officials discussed the persistent affordability gap between prequalification and median home prices and emphasized down-payment assistance and district-level outreach.
Dallas County Health and Human Services presented a resolution recognizing National Financial Literacy Month and described the Home Loan Counseling Center’s recent efforts to expand access to homeownership and financial education.
Presentation highlights: - Event: Money Matters, a financial empowerment event hosted by the Home Loan Counseling Center, is scheduled for Saturday, April 12, 2025, 9 a.m.–12 p.m., at the Oak Cliff Government Center. Topics include steps to homeownership, budgeting, understanding credit and savings strategies. - Counseling outcomes: County staff said the Home Loan Counseling Center closed seven home purchases in FY24. Staff also reported 24 “mortgage-ready” clients in Q1–Q2 FY25, eight clients under contract and multiple clients converting from rental-assistance programs to homeownership. - Affordability gap: The presenter cited a median prequalification amount of roughly $257,000 versus an average sales price of about $370,000 in Dallas County and stressed the need for down-payment assistance and district-focused outreach.
Court reaction and next steps: Commissioners praised the program, and the court unanimously adopted the financial-literacy proclamation. Staff said the county will continue district-level homeownership health fairs and pursue funding for down-payment assistance programs (UPCAT).
Ending: Staff invited commissioners and the public to promote the April 12 event; HHS committed to follow-up reporting on attendance and home purchases resulting from counseling.
