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Housing Supportive Services

Financial Literacy

The Financial Literacy Program is aimed at renters and potential homebuyers to help manage finances and achieve homeownership. The goals of the program are to help develop stronger financial management skills so that you can build financial assets and better control your debts.

Preparing to purchase a home or rent an apartment or house can be daunting. Many adults aren’t prepared to make knowledgeable choices that can impact their financial health. Financial literacy is an important determinant of homeownership because it affects spending and savings behavior. A lack of financial literacy and preparedness can affect future homebuyers and renters.  It is a critical factor in homeownership and the current wealth gap.

For more information or to start your journey towards homeownership or renting, contact a CHOEDC counselor @ (919) 241-4718.


of Americans do not have enough money to cover a $400 emergency.


of Americans have credit card debt (which impacts their debt-to-income ratio).


of American adults don’t have any retirement savings.