August 20, 2008: Among other accomplishments, the Boat People SOS Community Development Department has in the last 6 years:
- Enrolled more than 236 refugees, Amerasians, and victims of human trafficking in Individual Development Accounts, with a total savings of $1.5 million (half of which being matching funds from the federal government), for use towards buying a home, a car, a business, an education, or a computer.
- Trained 412 people about housing issues and homeownership and more than 400 individuals in general financial issues, in collaboration with Citibank, FDIC, AHOME, the Virginia Housing Development Authority (VHDA), and Freddie Mac.
- Provided counseling to 41 clients on credit building, repair, and management.
- Assisted 37 clients with mortgage applications for their first home or with refinancing.