Lawmakers hoping to save NY’s foreclosure prevention program
February 19, 2012
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Lawmakers hoping to save NY’s foreclosure prevention program
By Amanda Verrette, Legislative Gazette, 2/6/12
Lawmakers are fighting to restore the Foreclosure Prevention Services program to help the stateswide crisis of over 200,000 homes in risk of foreclosure. Photo by AP.
More than a dozen legislators are hoping to include $25 million in this year’s budget for a program that provides services to homeowners at risk of foreclosure.
The Foreclosure Prevention Services program, which offers housing counseling and legal services to struggling homeowners will come to an end in April unless Gov. Andrew Cuomo restores funding for it in his 30-day budget amendments.
“The foreclosure crisis is far from over in New York,” said Sen. Jeffrey Klein, D-Morris Park, who joined the three other members of the Independent Democratic Conference at the event. “These programs are on the front lines of keeping people in their homes and keeping our communities safe from the ripple effects that come with having a boarded up house on the block. Keeping them going is not only important, but vital to keeping New York on the right track.”
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Categories: Affordable Housing
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