Tuesday, April 23, 2013

Aid for California's Foreclosed Homeowners


If you are one of the many Californians who were affected by the state's foreclosure crisis, help may be on the way! California Attorney General Kamala D. Harris has awarded $9.4 million to 21 different organizations that will assist homeowners through California's National Mortgage Settlement Grant Program. These grants will benefit the neediest homeowners by providing better access to free legal assistance and representation. Homeowners will also have access to foreclosure intervention aid, education and financial literacy clinics, employment support and more.

“The foreclosure crisis has inflicted wide-ranging and deep harm to California homeowners and communities,” said Attorney General Harris. “These grants will give homeowners and families the financial and legal tools they need to recover.”

Organizations that receive this grant will begin implementing programs immediately in more than a dozen languages that will focus on the under-served and disproportionately impacted populations.

As of March, Attorney General Harris also announced that there will be an additional $1 million grant implemented into the National Housing Law Project called the California Homeowner Bill of Rights. All these funds are secured through the National Mortgage Settlement.  It is believed that these grants and programs will greatly benefit hard-working families who need that extra push to get back on track financially.

We previously blogged about the Homeowner Bill of Rights here.

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