Showing posts with label Homeowner Bill of Rights. Show all posts
Showing posts with label Homeowner Bill of Rights. Show all posts

Monday, July 1, 2013

With Housing Crisis, State Bar Helps Pave Road to Recovery

By Patrick Kelly, Guest Alumni Blogger

While the housing market finally seems to be rebounding, the effects of the foreclosure crisis continue to reverberate throughout California. Many homeowners are still struggling and in need of help in order to save their homes. The State Bar of California, in partnership with the Office of Attorney General Kamala Harris, has stepped up to provide assistance.

In November, Harris announced a $10 million grant program for organizations that provide housing counseling and legal services to homeowners. The funds were secured through the National Mortgage Settlement . The State Bar offered to help administer the new grant program, in conjunction with the Attorney General's Office. Because the State Bar already administers legal services grants, we were able to offer our help at no cost to taxpayers. That means that the entire $10 million will go to the people who are struggling and need it most.

The State Bar has been compiling and processing dozens of applications to help the selection teams set up by the Attorney General's Office make funding recommendations to the Attorney General. These applications are from legal aid organizations and other nonprofits proposing innovative, scalable and sustainable approaches for helping California families dealing with a foreclosure crisis. About $9 million is going toward Consumer Assistance Grants, which will give families the resources they need to achieve longterm financial security, including counseling, legal representation and financial planning assistance.