The American Dream Grant Program is a Local Housing Counseling Agency (LHCA) that provides housing counseling and education services directly through its main office in Los Angeles.
The program has provided housing counseling services to over 2,500 individuals and families. This counseling has played a crucial role in empowering these clients with the knowledge and skills needed to navigate the complexities of the housing market, understand mortgage options, and make informed decisions towards achieving homeownership, and maintaining it.
Financial Management/Budget Counseling
Our counselors can review your current spending patterns, create a spending plan that allows you to take charge of your financial situation both on a month-to-month basis and in the long term. They also discuss your financial goals and develop an action plan for overcoming challenges so you can achieve those goals.
Pre-purchase Counseling
Homebuyer Education is the first step in buying a home. These classes help you prepare to purchase a home, avoid pitfalls, and take advantage of opportunities in the purchasing process.
Pre-purchase Homebuyer Education Workshops
We provide first-time homebuyers (HUD Definition: anyone who has not owned a home in the past three years) with personal one- on-one support through the homebuying process and develop steps to become successful homeowners. With the assistance of our Housing Counselors, clients will work to become "mortgage-ready."
Non-Delinquency Post Purchase Counseling
Through the development of real-life financial skills, counseling empowers families to be financially responsible as homeowners in order to maintain the American dream .
Mortgage Delinquency and Default Resolution Counseling
Our counseling sessions include a detailed credit counseling financial work-up comparing income to expenses to determine the deficit between the two entities. After making this comparison, we explain to the client how to effectively create an affordable household budget, develop a plan of action to reduce and consolidate household debts, and identify ways to increase income.
Foreclosure Prevention Counseling
We support homeowners in navigating the complex process of foreclosure. Homeowners facing foreclosure do not have to face this complicated process alone. Our homeownership counselors can help you navigate the challenges of bringing your mortgage out of forbearance and support you in considering your options moving forward.
Rental Housing Counseling
We offer support for households facing housing instability, such as eviction or sudden loss of income. One on one session to analyze your housing and financial options.
Financial tools to help solve current problems and avoid future ones. Connection with local resources that may provide additional help.
Services to Homeless Counseling
The first step for homeless individuals and families working toward self-sufficiency is receiving support and counseling in a safe and compassionate environment. The American Dream Grant Program offers counseling services in Los Angeles that help families begin the healing process and set realistic goals for the future. After an in-depth needs assessment, families work closely with our experts to develop and implement a plan that addresses their unique challenges and goals.