“Building Financial Confidence for Homeownership”

Free Virtual Workshop by BankRI and PCF Development Aims to Empower First-Time Buyers

Buying a home for the first time can feel overwhelming—but understanding the financial aspects doesn’t have to be. To help prospective homeowners feel more prepared and empowered, Bank Rhode Island (BankRI), a division of Beacon Bank & Trust, and Pawtucket Central Falls Development (PCF Development) are teaming up to host a virtual, no-cost workshop, “Building Financial Confidence for Homeownership.” It will take place via Zoom at 5:30 p.m. on Wednesday, October 22.

Timed to coincide with National Financial Planning Month, the workshop underscores the importance of financial education as a foundation for long-term success. The session will be led by BankRI mortgage specialists Stephanie Silva and Kathy Galipeau, and Dianny Melusky, PCF Development’s Director of Homeownership and a HUD-Certified Housing Counselor. Together, they will offer expert guidance on what first-time buyers need to know when planning to purchase a home.

Participation is free, but pre-registration is required and can be completed online or by contacting Dianny at dmelusky@pcfdevelopment.org.

“Helping individuals and families gain confidence in their financial decisions is one of the most impactful ways we can support our community,” said Will Tsonos, Regional President. “Through this workshop, we’re focused on breaking down the homebuying process so first-time buyers feel informed and prepared every step of the way.”

The workshop is ideal for those at the early or intermediate stage of buying a home and renters considering homeownership in the future. Topics will include affordability and budgeting, mortgage basics, credit health, and the steps and costs involved in closing on a home. Importantly, the live format gives attendees an opportunity to ask questions, seek clarification, and engage with presenters

Questions about the October 22 workshop may be directed to Dianny Melusky at (401) 726-1173 ext. 12, or dmelusky@pcfdevelopment.org. PCF Development is a nonprofit community development organization that has built more than 500 affordable rental and home ownership homes throughout Rhode Island.