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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California Homeowner Bill of Rights

Homeowners in California have been dancing on the edge of foreclosure, but now help is in sight. Attorney General Kamala D. Harris has recently announced a $1 million California Homeowner Bill of Rights (HBOR) grant to be implemented into The National Housing Law Project. This bill is a set of laws that will extend key mortgage and foreclosure protections to California homeowners and borrowers.

“Californians were hit hard by the mortgage crisis and many people are still struggling to stay in their homes,” Attorney General Harris said. “The California Homeowner Bill of Rights gives borrowers more opportunities to stay in their homes, and this grant will help make sure the law is applied across the state and that everyone gets the protection they are entitled to.”

The laws took effect at the start of 2013 and will restrict dual-track foreclosures, guarantee struggling homeowners a reliable point of contact at their lender, impose civil penalties on fraudulently signed mortgage documents, and require loan servicers to document their right to foreclose.

The goal of this grant is to maximize consumer benefits from the HBOR and minimize abuses of the law by training consumer and housing attorneys in both private and non-profit firms.

The grant will be implemented by the National Housing Law Project and its partners, the "Western Center on Law and Poverty", and the "National Consumer Law Center" and "Tenants Together."  They will be using the grant to provide training to more than 800 lawyers on how to maximize the HBOR's protections. They will be reporting the HBOR's statewide impact as time progresses.

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