CHOEDC’s mission is to provide support and innovative approaches that focus on disaster recovery, health, economic stability, affordable housing, financial independence, jobs, business development, and small business lending. Recently we joined the North Carolina Community Action Association in order to partner and address the anti-poverty strategies that are needed in economically distressed rural areas. CHOEDC measures the success of its services and activities by its social return on investments and environmental benefits in its target market. To date, CHOEDC has counseled and provided small business technical assistance to over 106 individuals, 89 of which were small business owners. Assisted in securing loans for over 30 entrepreneurs and were the catalyst in creating/retaining over 112 new jobs. CHOEDC has worked with business owners on a micro-borrower level in the eleven counties (Orange, Granville, Caswell, Chatham, Durham, Wake, Alamance, Person, Edgecombe, Forsyth and Mecklenburg) in North Carolina.
The Centre for Homeownership & Economic Development Corporation, Inc. (CHOEDC) was created in 2004 to assist individuals with homebuyer education and financial literacy. Initially, our purpose was to educate consumers about homeownership programs and how to find available financial capital and affordable housing opportunities. As a result, we have served more than 31,300 individuals and families throughout North Carolina’s rural communities. In addition, we have expanded our programs to address gaps in workforce preparedness and job placement. Currently, we have office locations in Hillsborough, Raleigh, Creedmoor, Charlotte and Wilmington. In the Wilmington location, our Disaster Recovery Center serves Bladen, Brunswick, Columbus, Cumberland, Duplin, Jones, New Hanover, Pender and Roberson County due to the damages from Hurricane Florence.