HUD LAUNCHES COMPREHENSIVE WEBSITE TO INCREASE FINANCIAL LITERACY, PROMOTE HEALTHY HOMEOWNERSHIP
My Money, My Home, My Future

WASHINGTON - The U.S. Department of Housing and Urban Development today launched a new, comprehensive website to assist Americans with improving financial literacy, sustaining healthy homeownership and achieving financial security. �The My Money, My Home, My Future�website provides a range of interactive resources to inform users about the importance of financial literacy, including a Self-Assessment Tool, online games and informative classes.

"It is imperative that Americans are better educated about their finances and understand what it takes to be a responsible homeowner," said HUD Secretary Steve Preston. �"The resources on the website allow families to plan ahead to make smart choices about their finances and homebuying decisions."

The new site provides a wide-range of information about all avenues needed to be successful on the road to greater financial education, including:

• Building a Financial Foundation;
• Sustaining Healthy Homeownership; and
• Achieving Financial Security.

One of the most unique features of this website is the Self-Assessment Tool. �The Self-Assessment Tool provides an extensive guide to help users learn more about personalized options for purchasing and/or refinancing their home. �Users will be prompted to answer a few questions. �Based on the answers given, the Self-Assessment Tool lists numerous links to visit on-line to learn more about the necessary and correct steps to own a home, refinance a home, enhance their financial skills, and much more.

Some of the other links on My Money, My Home, My Future�give detailed information about:

• 9 Steps to Buying a Home
• Housing Counselors and Lenders
• Banking, Credit and Building Wealth
• Foreclosure Process and Alternatives
• Refinancing Loans and FHA Insured Loans

This new site is also located on www.HUD.gov and www.FHA.gov�both in easy to find locations on the main web pages.

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