Arizona  Department  of  Housing  Receives  $683,060  to  Support  Foreclosure  Prevention  Counseling  Efforts 

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Grant  provides  much needed  boost  to  Arizona Homeowners  in  danger  of  foreclosure   

PHOENIX – The  Arizona  Department  of  Housing  has  announced  that  it  has  received $683,060  to  support  the  continuation  of  the  state’s  foreclosure  prevention  counseling efforts.  The  much -needed  boost  will  enable  an  existing  network  of  13  community -based organizations  across  Arizona  to  provide  continued  assistance  to  homeowners  in  danger  of foreclosure.   
 
In addition, the state will continue to train foreclosure counselors  and  work  with communities  to  reach  at -risk  homeowners  needing  information  and  free  counseling services. 
 
According  to  Governor  Janet  Napolitano, thousands  of  Arizonans  have  been  impacted  by the  subprime  loan  market, and  a  variety  of  economic  challenges  such  as  rising  food  and utility  prices  and  job  loss.  “This  grant  money  will  allow  us  to  expand  the  options  for homeowners  in  danger  of  foreclosure, and  continue  to  provide  the  much -needed counseling.  An  important  resource  is  the  dedicated  Arizona  foreclosure  helpline  (1 -877 – 448 -1211), which  to  date  has  had  more  than  9,000  phone  calls.” 
 
This free  helpline  is  available  to  anyone  seeking  guidance  regarding  foreclosure.  Trained personnel  will  refer  the  caller  to  an  Arizona -based  counseling  agency  that  can  provide help.   

According to  Housing  Director  Fred  Karnas, “The  Arizona  Department  of  Housing  is grateful  for  the  additional  resources  needed  to  continue  our  efforts  and  expand  the  services for  those  families  hard  hit  by  the  mortgage  foreclosure  crisis.”   
 
The grant  to  support  Arizona’s  foreclosure  intervention  efforts  was  provided  by  funds from  the  National  Foreclosure  Mitigation  Counseling  Program.  The  initial  funding  was provided  by  Congress  in  the  FY08  Consolidated  Appropriations  Act  and  additional funding  was  provided  through  the  Housing  and  Economic  Recovery  Act  of  2008.  
 
This grant  is  in  addition  to  the  $1.3  million  received  in  March  2008  and  will  allow  the Arizona  Department  of  Housing  to  extend  the  needed  counseling  services  until  December 2009. 
 
The National  Foreclosure  Mitigation  Counseling  Program  is  administered  through  a competitive  application  process  by  NeighborWorks ®  America, within  guidelines  defined  by Congressional  legislation. NeighborWorks  America  is  an  independent, Congressionally – chartered  non -profit  organization  based  in  Washington, D.C., with  a  mission  to  provide access  to  sustainable  homeownership  and  safe, affordable  rental  housing.   
 
The Arizona Department of Housing (ADOH), a cabinet-level state agency, provides housing  and  community  revitalization  to  benefit  the  people  of  Arizona.   
 
Additional tips on helping to avoid foreclosure can be found at www.housingaz.com. 

Contact:  
Carol  Ditmore
(602) 771 -1062  

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