Impact and Programs
Accomplishments
Through prepurchase education and one-on-one advising, we helped 874 people along the path to successful homeownership. Of these clients, 93% were first-time homebuyers and 50% were first-generation buyers. 100% of our foreclosure prevention clients with resolved cases avoided foreclosure, 43% were BIPOC homeowners and there was no difference in outcomes between our BIPOC and white homeowners. We continued to address the lack of inventory of affordable entry-level homes with the construction and sale of 9 new homes in 2023 +2024. In addition to being Energy Star certified, our new homes now also meet Department of Energy Zero Energy Ready Homes requirements (ZERH). Adding ZERH requirements increases energy savings to nearly $3,000 annually for PRG homeowners compared to the average home. We use our "boots on the ground" knowledge to influence public policy at the state and local levels. Our commitment of staff time and other organizational resources helped lay the groundwork for historic investments that are now being deployed in our community.
Current Goals
In 2025, we seek to serve 1000+ households through 1-1 advising and homebuyer education workshops, administer 150+ DPA loans to homebuyers, and bring 8-10 affordable single-family homes to market. In addition, we will work with a cross-section of ecosystem partners to develop and formalize post-purchase curricula and services to ensure the long-term success of homeowners.
Community or Constituency Served
PRG's services are available to all residents in the seven-county metro. We operate some targeted programs that specifically seek to serve people of color in our community as well as programs that seek to serve the Black community through advising and downpayment assistance.
Geographic Area Served
Seven-county Twin Cities metro area
