Grant Aids Community Organizations Hire Foreclosure Prevention Specialists

by Categorized: Mortgage Fraud Settlement Date:

A $2 million grant will help two community-based organizations in Connecticut expand their services to homeowners facing foreclosure.

Community Renewal Team and the Urban League of Southern Connecticut are partnering in using the grant to hire 10 housing counselors to advise property owners in danger of losing their homes. The counselors will be in offices throughout the state for the next three years, CRT said.

The one-on-one counseling will build on foreclosure prevention programs now provided by the organizations, such as group workshops.

CRT will provide the counseling in Litchfield, Tolland, Windham, New London, Hartford and Middlesex counties. Urban League will operate the program in New Haven and Fairfield counties.

The funds are part of the state’s share of last year’s $25 billion landmark settlement with five national mortgage servicers over shoddy foreclosure practices. Connecticut’s share was about $190 million.

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3 thoughts on “Grant Aids Community Organizations Hire Foreclosure Prevention Specialists

  1. carrot juicers

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  2. pete

    It seems to me no one has to take responsibility in the good ole US of A anymore. Spend and borrow spend and borrow like our corrupt politicians and then ask to be bailed out. Yes I feel sorry for people who lose their homes but bad things happen sometimes. I lost money on AIG stock. Do I get a bailout. Why NOT?

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