Updated May 30 at 12:47pm

HomeCorps grants to address foreclosures

BOSTON – A total of $4 million in HomeCorps grants were awarded to 18 organizations across Massachusetts to help address the foreclosure crisis, Attorney General Martha Coakley announced last week. According to a news release, the grant funding will assist homeowners and renters impacted by the foreclosure crisis, revitalize distressed and blighted neighborhoods, and guard against future financial harm. More

To continue reading this article, please do one of the following.



Sign up to receive Providence Business News' newsletters
and breaking news alerts.  

financial services

HomeCorps grants to address foreclosures

Posted:

BOSTON – A total of $4 million in HomeCorps grants were awarded to 18 organizations across Massachusetts to help address the foreclosure crisis, Attorney General Martha Coakley announced last week. According to a news release, the grant funding will assist homeowners and renters impacted by the foreclosure crisis, revitalize distressed and blighted neighborhoods, and guard against future financial harm.

The Crisis Response Innovation Grants, a component of AG Coakley’s HomeCorps program, support a wide variety of foreclosure-prevention and mitigation services, Coakley said in a news release.

The 18 organizations receiving Crisis Response Innovation Grants are: Arlington Community Trabajando Inc. (ACT), Cambridge Neighborhood Apartment Housing Services, Caritas Communities, Catholic Social Services, Chelsea Restoration Corp., City of Boston Department of Neighborhood Development, Ecumenical Social Action Committee Inc., HAP Inc., Homeowner Options for Massachusetts Elders (HOME), Housing Assistance Corp., Massachusetts Law Reform Institute, Merrimack Valley Housing Partnership Inc., Neighborhood Assistance Corporation of America, Neighborhood Housing Services of the South Shore, Neighborhood of Affordable Housing Inc. (NOAH), Oak Hill CDC, The Legal Services Center of Harvard Law School and The Midas Collaborative.

Funding for the these grants comes from the $44.5 million in funds obtained for Massachusetts as part of the national settlement with Bank of America, JP Morgan Chase, Wells Fargo, Citigroup and GMAC/Ally. •

27~30, 102912 Rhode Island & Massachusetts News Briefs, housing, real estate, government, law, financial services, , 27~30, issue102912export.pbn

Comments

No comments on this story | Please log in to comment by clicking here
Please log in or register to add your comment
Latest News