New York State Sustains Funding to Protect Homeowners and Save Jobs

Thanks to Governor Andrew Cuomo, the State Legislature and the Attorney General’s Office, $20 million has been allocated in the New York State budget for vital housing counseling and legal services programs to help middle- and working-class homeowners and to save hundreds of nonprofit jobs. The funds will support a network of 89 housing counseling and legal service providers across the state to continue to help New Yorkers — primarily families, seniors, and people of color — navigate complex housing challenges, including foreclosure prevention, the threat of displacement, and mortgage fraud.

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New York State Senate and Assembly Join Communities First Coalition to Call for Continuation of Endangered Funding for Homeowner Assistance

“We thank the New York State Senate and Assembly for standing up for New York homeowners by asking the Governor to continue the critical, free nonprofit housing counseling and legal services that has been helping New Yorkers at risk of losing their homes for a decade. We urge the Governor to include the $20 million in the final New York State budget. With the continuation of funding, nonprofits will be able to keep their doors open and provide the essential housing counseling and legal services that allows New Yorkers to keep their homes and stay in the communities they love. With the rising threats to homeownership that could lead to countless New Yorkers being displaced and financially ruined, we now look to Governor Cuomo to agree to help our homeowners and save hundreds of nonprofit jobs statewide.” — Jacob Inwald, Legal Services NYC; Kirsten Keefe, Empire Justice Center; Christie Peale, Center for NYC Neighborhoods

Communities First Response to the New York Comptroller's Foreclosure Report

“Comptroller DiNapoli’s report shines a light on the great need for foreclosure prevention services state-wide. Thanks to our nonprofit network of housing and legal services, there has been an almost 50% drop in foreclosure filings over the last five years. But with funding running out for the program this month, 89 nonprofits across the state will be forced to shut down the free services that have been helping New York families for more than a decade. Without the continuation of funding in the State budget, New York is in danger of one again seeing a spike of foreclosures, causing immense damage to our neighborhoods. If $20 million is not allocated to ongoing foreclosure prevention services in the State budget by the end of this month, New Yorkers will be in danger of losing their homes – and the more than 25,000 families currently facing foreclosure will have to navigate that complicated and stressful process alone,” — Jacob Inwald, Legal Services NYC; Kirsten Keefe, Empire Justice Center; Christie Peale, Center for New York City Neighborhoods

City Limits: Save the NY Program that Keeps Homeowners Out of Foreclosure

Possibly the only positive outcome from the 2008 financial crisis was the creation of the HOPP program, which now accounts for two-thirds of New York’s foreclosure prevention efforts. Funded by legal settlements with the very financial institutions which threw our housing market into chaos, this program supported a network of 89 non-profit housing counseling and legal services programs that supported communities in every county of the state. Unfortunately, this community-saving program ends in March 2019.

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