For Immediate Release – SWISSVALE, Pa., April 29, 2015 – Swissvale’s local Economic Development Corporation (SEDCO) is working hard to gather all the fixer-upper homes in town, attract a few people who don’t mind giving some extra love and attention, and bring them together on Thursday, April 30, from 5pm to 9pm to make the perfect match. This Make Swissvale Home event will specifically target houses that may be a difficult sell for a potential homebuyer but are good candidates for the 203(k) renovation loan program.
This event is like speed dating for homebuyers –although some of the homes might be less than appealing at first, that image could turn around with some creative thinking!
As our main sponsor, representatives from Wells Fargo Home Mortgage will grease the wheels for our guests by providing them with a tool for buying and renovating a home with little money out of pocket – the Federal Housing Administration (FHA) 203(k) renovation loan program. These contestants will have the opportunity to win over potential buyers during a self-guided tour through several hand-selected and very available properties with great potential.
“We know that Swissvale has so much going for it – we have a great location, great neighborhoods, and we are close to where you want to be,” said Deneen Swartzwelder, Mayor of Swissvale Borough and SEDCO member. “Sometimes properties need some extra love and attention, and we want to match our available tools and our homes with the right person who wants to become part of Swissvale’s awesome vibe.”
Here to help during Make Swissvale Home will be local home matchmaker experts, including Wells Fargo representatives, realtors, and Mon Valley Initiative (MVI) Housing Counselor, Jonathan Weaver.
If you attend our homebuyer “speed dating” extravaganza at D’s Six Pax & Dogz, you can be sure to get some delicious and free food and drinks, but those who find their soulmate – excuse me, home – will have the opportunity to be awarded $1000 in down payment & closing cost assistance from SEDCO! All you have to do is be one of the first 10 homebuyers to make your match and use the 203(k) renovation loan to purchase a home in Swissvale!
Make Swissvale Home is sponsored by SEDCO, MVI, Wells Fargo Home Mortgage, and RennoReady. Refreshments will be provided. Find the event flyer and line-up for the evening on the MVI website: www.monvalleyinitiative.com/event/make-swissvale-home/. Homes featured on the self-guided tour will be available in advance at rennoready.com/swissvale.
Homes included on the self-guided tour are:
- 7929 Graff Avenue
- 2246 Lehigh Street
- 7913 Lloyd Avenue
- 2002 Locust Street
- 7709 Juniata Street
- 2050 Monongahela Avenue
- And the MVI Rehab for Resale home in progress, 2048 Monongahela Avenue
About Swissvale Economic Development Corporation
The Swissvale Economic Development Corporation (SEDCO) is a group of individuals who are dedicated to improving the quality of life in the Swissvale community. SEDCO advocates for a clean and safe neighborhood, development of affordable housing, increased community involvement, youth recreational activities, and more.
Stephanie Eson, Community Outreach Specialist
Mon Valley Initiative