BERKELEY, MO (KPLR) – Chauncey Bishop stopped at the Berkeley Civic Center on Thursday to find out how to live the American Dream.
“Something I can call my own,” says Bishop. “Something I can do anything I want to do with it.”
Bishop, a parks and maintenance employee, was asking questions at a Hometown Heroes Resource Fair.
“We have down payment programs available in St. Charles County and St. Louis County, and we have special programs for veterans, policemen, the hometown heroes, teachers,” says Debbie Smith, an administrator with the Northeast Community Action Corporation.
The agency helped coordinate the fair for those who assist others who need it when it comes to buying a home, returning to school, or finding available money for a down payment.
“Millennials,” says Smith. “The 20 to 30-year olds, they’re putting off buying a new home. There’s 30 percent who live with their parents still. They’re burdened with student debt. This is a good program to help them get into their first home.”
For Chauncey Bishop, who has been renting a house but wants to own before the end of the year, the fair makes a lot financial sense.
“But I’m still paying somewhere around 50,000 for five years and after five years, I have nothing to show for it,” she says. “So I’m like, ‘Why not invest that money and have something to show for it at the end?’”
It’s that first home that makes a lasting impression with the people who live inside it.