News from the Lafayette Indiana Alcoa Retiree Club The Lafayette Indiana Alcoa Retiree Club has a long history of being sure that its members as well as the present plant employees are well taken care of and are given plenty of options to keep them active in their retirement. One or our programs is the giving of cash donations the second and fourth quarter of the year to the charity of the Retiree Board’s choice. These charities are very appreciative of the donations which they receive. The charity we are giving to in the second quarter of this year is Homestead Consulting Services. They are a DBA of Lafayette Neighborhood Housing Services. They offer education and consulting assistance to all and potential homeowners regardless of their income. They are a HUD certified counseling agency as well as being certified by the Indiana Agency for Housing Counseling. Homestead receives its income from government grants, donations, and small client fees for some of their services. The programs they offer are: • Home Buyer Education. This program covers the topics of managing money, house affordability, understanding credit, types of loans, and home maintenance. • Pre-purchase Consulting. This program allows Homestead to work with the clients on their personal finance issues and help them get financially prepared to purchase a home. • Foreclosure and Delinquency Counseling. Homestead works with the homeowners to work out a solution for payment with their mortgage holder which is acceptable to both parties. • Reverse Mortgage Counseling. This program is offered for those people who request it. • Neighborhood Improvement Program. This matching fund program helps low to moderate income homeowners make necessary repairs to their homes to make them safe for habitation. Income limits do apply to this program. It is very easy to see why the Lafayette Alcoa Retirees Club would want to participate in helping this nonprofit given the state of the national economy today. We retirees are very proud of being able to fund and participate in this, one of the many projects which we offer.