AAFE CDF -- Home Page

Knowledge is the key to a home of your own. . .

Learn how to avoid the pitfalls when making one of the biggest investments in your lifetime !
 

The AAFE Community Development Fund

The AAFE Community Development Fund is a subsidiary of Asian Americans for Equality-- a community based, not-for-profit organization established in 1974, committed to community service and empowerment targeting immigrants, low-income families and minorities throughout
New York City.

AAFE CDF is a richly experienced organization in the field of homeownership outreach, education, and counseling. In its fourteen-year history, the AAFE CDF has secured over $244 million in mortgage financing for over 1,700 clients, while providing counseling to some 7,100 prospective homeowners.

In 2008, the AAFE CDF counseled 360 new clients, helping to create 100 new homeowners with a combined mortgage value of over $21 million.


AAFE CDF Managing Director, SiuKwan Chan, explains steps to homeownership and shares ways to guard against becoming a predatory lending victim at an in-depth homebuying education workshop.


AAFE CDF hosted two “Living in America” fairs in 2008, the first in Elmhurst, Queens on Saturday, May 3, and the second in Sunset Park, Brooklyn on Sunday, June 22. The Living in America fair provides an abundance of information from industry experts in hospitals, financial institutions, local ethnic media and community-based organizations. Over 2,000 attended the fairs in 2008 and over 90 participants attended the in-fair seminar about the homebuying process.
The “Living in America” Fair is fun for the whole family. AAFE CDF staff Mei Liang, Ivy Au, and Anna Wan pass out balloons to children during the 2008 fair in Sunset Park, Brooklyn.

AAFE collaborated with Freddie Mac to create CreditSmart Asian guidebooks that are available in English, Chinese, Korean and Vietnamese.

The CreditSmart Asian series provides valuable information to consumers about building and maintaining good credit, understanding steps to buying a home and protecting their home investment.

Click to download CreditSmart Asian guidebooks in Chinese, English, Korean, or Vietnamese.


 


SELECTED CLIENTS PROFILE :
Barron Family
Little Neck, New York
Mrs. Helfenbein
West Hempstead, Long Island
Mr. and Mrs. Sasso
Brooklyn, New York

Mr. and Mrs. Khan and Family
Jackson Heights, Queens

A first-time homebuyer realizes his dream through the help of AAFE CDF A story of hope amid the bleak economic forecast...
- NY Daily News, October 26, 2008


2009 CALENDAR OF EVENTS

“Credit & ID Fraud” Seminar
This seminar will uncover how credit & ID fraud occurs and teach ways to fight and prevent it.
Time: To Be Determined, 3-5pm
Place: Jackson Heights, Queens
For details, call (212) 964-2288 or (718) 961-0888

Fair Housing - Predatory Lending Prevention Seminar
Homebuyers will learn how to identify predatory lending practices and how to avoid becoming a victim!
Time: April / To Be Determined
Place: Sunset Park, Brooklyn
For details, call (212) 964-2288 or (718) 961-0888

Life Skills Day at Flushing Library
Are you an immigrant entrepreneur? Come learn about the programs available for you from knowledgeable immigration attorneys and representatives from government agencies such as SBA and the Department of Labor.
Time: Saturday, 5/30/2009, 11am–4pm
Place: Flushing Library
41-17 Main Street, Flushing, NY 11355
For details, call (212) 964-2288 or (718) 961-0888

"Living in America" Fair in Queens
The fair features a one-stop shop that provides valuable information needed to live a quality life in America: homebuying, small businesses, health insurance, etc.
Time: May / To be determined, 11am-3pm
Place: Elmhurst, Queens
For details, call (212) 964-2288

Homebuying Steps Seminar in Queens
Introduce HomeFirst and First Home Club down payment assistant program to first-time homebuyers.
Time: June / To be determined, 2-4pm
Place: Flushing Library
41-17 Main Street, Flushing, NY 11355
For details, call (212) 964-2288 or (718) 961-0888

"Living in America" Fair in Brooklyn
The fair features a one-stop shop that provides valuable information needed to live a quality life in America: homebuying, small businesses, health insurance, etc.
Time: June / To be determined, 11am-3pm
Place: Sunset Park, Brooklyn
For details, call (212) 964-2288 or (718) 961-0888

Homeowner’s Do’s and Don’ts Seminar
Attend this seminar to learn tips on buying a home.
Time: Aug / To Be Determined, 2-4pm
Place: Flushing Library
41-17 Main Street, Flushing, NY 11355
For details, call (212) 964-2288 or (718) 961-0888

Home Buying Workshop Series
Learn the ins and outs of the home buying process in this 3-week seminar. Registration required.
Time: 11am-4pm
Date: Sunday, 9/13/09, 9/20/09, 9/27/09
Place: AAFE Queens Office
133-04 39th Ave, Flushing, NY 11354
For details, click here, call (212) 964-2288 or (718) 961-0888

Understand the value of your home: Coop & Condo
Chinese speaking homeowners
Time: October / To be determined, 6-8pm
Place: Flushing Library
41-17 Main Street, Flushing, NY 11355
For details, call (212) 964-2288 or (718) 961-0888

Homebuying Orientation in Queens
Learn the ins and outs of the home buying process in this 3-week seminar. Registration required.
Time: Jan 1, 2009 to Dec 31, 2009
Every Wednesday 1-2 pm, Chinese-Speakers
Every Wednesday 2-3 pm, Korean & English-Speakers
Place: AAFE Queens Office
133-04 39th Ave, Flushing, NY 11354
For details, call (718) 961-0888

Homebuying Orientation in Chinatown
Learn the ins and outs of the home buying process in this 3-week seminar. Registration required.
Time: Jan 1, 2009 to Dec 31, 2009
Every Wednesday 3-5 pm, Chinese-Speakers
Place: 111 Division Street, New York, NY 10002
For details, call (212) 964-2288


Past Events and Photos