The Ruiz family from left Lorenzo, 32, Carolina, 29 , Marissa, 6, and Emily, 3, at their newly purchased foreclosed home in Moreno Valley.
Carolina Ruiz is all smiles in the kitchen of her newly purchased foreclosed home in Moreno Valley. The Ruiz family was able to buy the home at a discount through Hope Builders, a private, nonprofit organization in Santa Ana that has partnered with Chase Bank Community Revitalization.
Marissa Ruiz and her sistern Emily, enjoy cartoons in Marissa's bedroom of their home in the Towngate area of Moreno Valley. The home also beckoned to Carolina and her husband, Lorenzo Ruiz, They had marched through dozens of foreclosures that either were out of their budget range or trashed beyond salvation. That changed when the couple fell hard for the landscaped, remodeled two-story house with four bedrooms and three bathrooms in the Towngate area of Moreno Valley.
Two weeks ago, shedding tears of joy and disbelief, the Ruizes and their two girls turned the key to the first house they had ever owned. A four-way partnership among a bank, a private investment firm, a private nonprofit organization and its social enterprise arm made the deal possible.
The Sisters of St. Since then, the nonprofit has lifted out of poverty more than 4, young adults, 18 to San Jose is the patron saint of workers. To support its purchase of fixer-upper homes, Taller San Jose partnered with a private investment firm in Santa Ana called Citivest Inc.
