{"id":51737,"date":"2025-11-13T20:18:09","date_gmt":"2025-11-13T20:18:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/51737\/"},"modified":"2025-11-13T20:18:09","modified_gmt":"2025-11-13T20:18:09","slug":"heritage-estates-opens-in-southwest-fresno-with-down-payment-assistance-for-first-time-buyers","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/51737\/","title":{"rendered":"Heritage Estates opens in Southwest Fresno with down payment assistance for first-time buyers"},"content":{"rendered":"\n<p>\t\t\t\t\t\t<img width=\"1140\" height=\"521\" src=\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2025\/11\/heritage-estates.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"single-family home\" decoding=\"async\" fetchpriority=\"high\"  \/>\t\t\t\t\t\t<\/p>\n<p class=\"attach_desc\">Heritage Estates is a 33-home development in Southwest Fresno designed to help working families achieve homeownership and build generational wealth. Photo by Dylan Gonzales\n<\/p>\n<p>Fresno Housing hosted a ribbon cutting Wednesday to celebrate the official opening of Heritage Estates, a 33-home development in Southwest Fresno designed to help working families achieve homeownership and build generational wealth.<\/p>\n<p>The new single-family community includes homes reserved for first-time homebuyers earning between 50% and 80% of the area median income, along with three market-rate homes in a mixed-income neighborhood.\u00a0<\/p>\n<p>Through a partnership with Fresno Housing and the City of Fresno, qualified homeowners can apply for a <a href=\"https:\/\/heritageestatesfresno.com\/\" target=\"_blank\" rel=\"noopener nofollow\">mortgage assistance program at Heritage Estates<\/a>.<\/p>\n<p>In order to qualify, the prospective homeowner must be a first-time home buyer, a Fresno county resident, complete a homeownership education program, fall under less than 80% of the Fresno area median income and put up 1% of the purchase price in cash.<\/p>\n<p>\u201cThis project is unique,\u201d said Fresno Housing CEO Tyrone Roderick Williams. \u201cI don\u2019t know any other projects where individuals could qualify for up to $250,000 in down payment assistance. We are celebrating something truly special \u2014 33 homes in a mixed-income neighborhood where individuals at all ends of the income spectrum can live next door to each other and call the houses home.\u201d<\/p>\n<p>Williams praised his team at Fresno Housing for helping him navigate the requirements to help families qualify for homeownership.<\/p>\n<p>\u201cThey are doing God\u2019s work to make this happen,\u201d he said.<\/p>\n<p>Fresno Mayor Jerry Dyer called Heritage Estates a \u201cgreat day for the city of Fresno,\u201d and highlighted its role in helping revitalize Southwest Fresno, a historically underserved area.<\/p>\n<p>In <a href=\"https:\/\/thebusinessjournal.com\/17-southwest-fresno-families-celebrate-new-tax-credit-funded-affordable-homes\/\" rel=\"nofollow noopener\" target=\"_blank\">July<\/a>, Dyer and Self-Help Enterprises, another Central Valley homebuilder, celebrated the opening of 17 new homes on Florence avenue, just down the street from Heritage Estates.<\/p>\n<p>\u201cWe are celebrating progress and opportunity \u2014 progress in meeting our housing crisis head on and an opportunity for families to fulfill the American dream of homeownership,\u201d he said.<\/p>\n<p>Dyer said the city invested over $4.4 million in the project.<\/p>\n<p>Many of the speakers, while noting affordable apartments are great for families looking to find a place in the short term, noted that nothing compares to being a homeowner.<\/p>\n<p>\u201cInstead of investing in someone else\u2019s investment, you\u2019re investing in yourself and your family, and for generations, you will start to build your own American dream,\u201d Fresno County Supervisor Brian Pacheco said.<\/p>\n<p>City Councilmember Miguel Arias credited residents for demanding homeownership opportunities.\u00a0<\/p>\n<p>\u201cWest Fresno deserves to be able to go from renters to owners in our own neighborhoods,\u201d he said. \u201cIt\u2019s not a thank you\u2014it\u2019s more of an apology. We should have done this sooner.\u201d<\/p>\n<p>\t\t\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Heritage Estates is a 33-home development in Southwest Fresno designed to help working families achieve homeownership and build&hellip;\n","protected":false},"author":2,"featured_media":51738,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[112,114,32994,113,32995],"class_list":{"0":"post-51737","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-fresno","8":"tag-fresno","9":"tag-fresno-headlines","10":"tag-fresno-housing","11":"tag-fresno-news","12":"tag-heritage-estates"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/51737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=51737"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/51737\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/51738"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=51737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=51737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=51737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}