Citizens Trust Bank Partners with Good Places and KNGDM Group to Host an Open House Homeownership Pre-Qualification Event

Rhea-AI Summary

Citizens Trust Bank, in collaboration with Good Places Properties, is hosting an open house on February 5 and February 6 in College Park, Georgia. The event aims to assist first-time homebuyers by offering up to $10,000 in down payment assistance. Certified mortgage professionals will provide guidance on homeownership counseling and prequalification for the Ion Arts mixed-use community. This initiative reflects the bank's century-long commitment to fostering economic equality and community development.

Positive

• Opportunity for first-time homebuyers to receive up to $10,000 in down payment assistance.
• Engagement of mortgage professionals to assist potential buyers with prequalification and counseling.
• Demonstrates Citizens Trust Bank's commitment to community development and wealth building through homeownership.

Negative

• None.

ATLANTA, Jan. 28, 2022 /PRNewswire/ -- Citizens Trust Bank in partnership with Good Places Properties will host an open house on Saturday, February 5, from 10:00 a.m. to 1:00p.m., and Sunday, February 6, from 1:00 p.m. to 3:00 p.m. Citizens Trust Bank Mortgage Team and the Good Places representatives will be on hand to answer questions about the new Ion Arts mixed-use community in College Park, Georgia.

At the Open House, prospective buyers can learn about securing up to $10,000 in down payment assistance available to qualified first-time home buyers. In partnership with Good Places and KNGDM Group, the event aims to connect potential homebuyers with Citizens Trust Bank's certified mortgage professionals who can provide information on homeownership counseling and down payment assistance programs.

Promoting Ion, College Park, Georgia's newest mixed-use community, Citizens Trust Bank Mortgage professionals will be on hand to prequalify interested homebuyer prospects looking to secure potential residence in the community.

"Celebrating the Bank's legacy of building wealth through homeownership, this event is a living example of our ongoing commitment to having a shared value in the community by promoting the importance of healthy community ecosystems," says Yulanda Munford, Citizens Trust Bank Mortgage Operations Manager. "We are excited to partner with Good Places and the KNGDM Group to bring access to more resources and services to more of the communities' potential homebuyers," added Munford.  

The open house will take place at Ion Arts, the 16-unit Condominium site at 1805 Harvard Avenue, College Park, Georgia, 30337. Parking will be available onsite for public use directly across from Ion Arts. Contact Us at https://ctbconnect.com/contact-us-/ for further information. 

Looking to get prequalified at the Open House event? Be prepared to bring:  

• Valid Identification
• 30-days of employer pay stubs 
• Self-employed: Two [2] most recent years of tax returns
• Last two [2] years Form W2
• Two [2] months of bank statements 

About Citizens Trust Bank

Celebrating 100 years in the community, Citizens Trust Bank remains committed to providing personalized service and financial solutions to meet the community's growing needs. Through a legacy built on economic equality and well-being, we go beyond meeting the needs of offering banking solutions; our mission is to empower our customers and future generations for financial success. Through its parent company, Citizens Bancshares Corporation, the Bank offers its common stock over-the-counter to the public under the trading symbol CZBS and can be found at www.ctbconnect.com. 

About Good Places

Drawing from over 25 years of combined local and international experience, Good Places focuses on neighborhood revitalization through its unique community-centered approach to development. Founded in 2017, Good Places is the first US affiliate of the Ethical Property Company, an international social real estate development business operating in five different countries worldwide. In collaboration with strong value-aligned community and capital partners, Good Places aims to develop equitable and sustainable communities through place-based real estate projects.

About KNGDM Group

KNGDM Group is a leader in aligning capital with values. KNGDM Group is a majority Black-Owned developer primarily focused on developing mixed-use, high-impact projects in the Southeast. They build real estate and invest in people to not just revitalize a community but to break cycles of poverty and drive wealth creation both locally and for their investors. 

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SOURCE Citizens Trust Bank

FAQ

What are the dates for the Citizens Trust Bank open house event?

The open house will be held on February 5 from 10:00 a.m. to 1:00 p.m. and February 6 from 1:00 p.m. to 3:00 p.m.

Where is the Citizens Trust Bank open house taking place?

The event is located at Ion Arts, 1805 Harvard Avenue, College Park, Georgia, 30337.

What assistance is available for homebuyers at the open house?

Qualified first-time homebuyers can receive up to $10,000 in down payment assistance.

What should prospective buyers bring to the open house to get prequalified?

Participants should bring valid ID, 30 days of pay stubs, tax returns for self-employed individuals, W2 forms, and bank statements for the last two months.

What is the significance of the event hosted by Citizens Trust Bank?

The event emphasizes the bank's commitment to homeownership, economic equality, and community development as part of its 100-year legacy.