3rd ANNUAL NEWBURGH FOR NEWCOMERS TO HOST FIRST HOME TRADE SHOW

Newburgh is the most affordable city in Orange County within commuting distance of New York. Its rich stock of Victorian houses and its privileged location on the Hudson River at the crossroads of two major highways and an international airport make it doubly attractive. Ferry service to be restored in the summer will connect with Metro North. First-time homeowners in multi-family houses can alleviate the cost of rehabilitation by renting out one unit and living in the other.

Newburgh for Newcomers is a citizen-initiated effort to highlight the benefits of home ownership in a multicultural urban environment. The Newburgh Development Association, the Newburgh Community Improvement Corporation, and the Newburgh Preservation Association are all cosponsors of the expo.

Newburgh for Newcomers, which reaches out to potential first-time homeowners in the City of Newburgh, will premier its first home show Sunday, June 6th, as part of its 3rd annual expo.

Registration and coffee are at 8 a.m. Workshops at 9:15 and 10:30 a.m. address the dollars and sense of home ownership and the benefits of living in a preservation-minded city. "The goal is to ease the big learning curve in succeeding in being a Newburgh homeowner," says Newburgh for Newcomers founder Dick Bedrosian.

Workshop topics include the Economics of Living in a Multi-family Home, Historic Preservation as an Economic Engine, and City-owned Properties and Programs. Financing Your Home will cover special programs offered by local banks as well as the 12 hour first-time homebuyer's course which can save thousands in closing costs.

Starting at 10 a.m. local crafts people, contractors, financial institutions and realtors will be on hand to offer their services. Every trade, from rehabbing to decorating, will be represented under an outdoor pavilion. Afternoon broker-sponsored open houses are "a house tour with a twist," says Bedrosian, "because all the buildings are for sale."

A closing reception will follow the afternoon bus tours.

The day's activities will all be held at the Elks Lodge, 155 Liberty Street, just north of Broadway.

For more information, call 565-6984 or contact Dick Bedrosian at N4N12550@aol.com

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