Jul 7, 2013

Tackling big problems together

When the economy faltered and the housing bubble burst, we brought 35 donors together to create a program for local families at risk of losing their homes. So far, more than 1,200 households have benefited from bilingual foreclosure education workshops, personalized financial assessments, and re-housing services—all free of charge.  Our funding ($365,000 over 5 years) helped nearly 100 homeowners receive permanent loan modifications.  The positive economic impact of these avoided foreclosures is at least $7.8 million, according to estimates from the Joint Economic Committee of the US Congress.

 

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