From left, Ms. D. Fauk, of the U.S. Department of HUD, Jeff Davis, Commissioner of the California Department of Real Estate, and Ms. Jacqueline Carlisle, Executive Director, NID Housing Counseling Agency.
The NID Housing Counseling Agency (NID-HCA) and the California Department of Real Estate have announced a partnership in an innovative program to increase the knowledge and understanding of Californians for real estate financial transactions.The financial Literacy Program developed by the California Department of Real Estate is designed to educate Californians, from young adults through senior citizens, "with the power of real estate knowledge so that they will have a greater understanding of real estate transactions to protect them, as consumers, from being victimized by real estate fraud."Ms. Jacqueline Carlisle, Executive Director of the NID-HCA, based in northern California, announced the launch of the Financial Literacy course on April 7 and 8 during a national training of its key housing counseling branches in California and across the country. Ms. Carlisle said, "We are pleased to join the California Department of Real Estate in promoting the Financial Literacy program among our network of constituency groups."Jeff Davis, Commissioner of the California Department of Real Estate, said, "We are very pleased that we were able to partner with NID-HCA to produce such an important course. This course will give consumers the tools they need to make informed financial decisions and avoid some of the traps of the past."NID-HCA, a HUD approved housing counseling agency since l995, operates in 22 states and 75 housing markets across the country, providing in-person housing and mortgage counseling, housing clinics, educational homeownership workshops, financial literacy, credit and budgeting classes and regional Help Lines.Ms. Carlisle said NID-HCA has integrated the Financial Literacy program into an eight-hour HUD approved homebuyer education program.