Urban Affairs Coalition’s Community & Economic Development Committee releases 2019 Foreclosure Prevention Guidebook

Date: 
February 1, 2019

 

Contact:
Jojy Varghese
Urban Affairs Coalition
215-851-1738
jvarghese@uac.org 
FOR IMMEDIATE RELEASE:   Friday, February 1, 2019
Urban Affairs Coalition’s Community & Economic Development Committee releases  
2019 Foreclosure Prevention Guidebook
PHILADELPHIA, PA -- On Friday, February 1, 2019, the Community and Economic Development (CED) Department of the Urban Affairs Coalition (UAC) released their latest version of the Foreclosure Prevention Guidebook – the only resource that provides a comprehensive look at the services and options for those facing mortgage and tax foreclosure in Philadelphia and the surrounding counties.
The 2019 Edition of the Foreclosure Prevention Guidebook was researched, written, and edited by the UAC Foreclosure Prevention Task Force, an initiative through the CED Department to promote awareness around foreclosure and mitigation strategies. Since 2007, over eight version of the guidebook have been created to include more updated information. More than 12,000 copies have been printed and distributed throughout the Greater Philadelphia region – to legislative offices, housing counseling agencies, food cupboards, community development corporations, nonprofit legal clinics, and other client-facing organizations.
 “In 2007, community leaders and bankers saw troubling conditions arising from subprime mortgages. In response, CED formed a Foreclosure Prevention Task Force that led to a set of 14 recommendations to guide the City’s response to the emerging crisis. One of these recommendations was to create a guide to help professionals and homeowners understand and prevent housing foreclosure,” said UAC President and CEO Sharmain Matlock-Turner. “Today we are pleased to provide you with the newest edition of the Foreclosure Prevention Resource Guide, another resource in the fight for economic justice.”
Thanks to a generous grant from Santander Bank, 2,000 copies of the 2019 guidebooks have been printed and will be distributed over the next two months to local agencies and nonprofits.
“We are thankful for Santander’s continued partnership of our Foreclosure Prevention Guidebooks,” said Jojy Varghese, Director of the CED Department at the Urban Affairs Coalition. “Santander remains a critical partner on our Foreclosure Prevention Task Force, and continue to be a great resource to our department, as advocates for strengthening the foreclosure prevention system in Philadelphia.”
For those agencies and Greater Philadelphia residents that are able to access the Guidebook online, the newest version can be downloaded free of charge at frc.uac.org at any time.
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About the CED Committee
The Community and Economic Development Committee of the Urban Affairs Coalition is a 65 member working group that represents government, banks, non-profit organizations, and community development professionals.  These organizations work together to bring capital, financial education, and other resources to local communities to ensure the stability, growth, and vitality of the region.
About the Urban Affairs Coalition
The Urban Affairs Coalition unites government, business, neighborhoods, and individual initiative to improve the quality of life in the region, build wealth in urban communities, and solve emerging issues. Please visit www.uac.org for more information.

Contact:                                                                                                                              

Jojy Varghese

Urban Affairs Coalition

215-851-1738

jvarghese@uac.org

 

FOR IMMEDIATE RELEASE:   Friday, February 1, 2019

 

Urban Affairs Coalition’s Community & Economic Development Committee releases  

2019 Foreclosure Prevention Resource Guide


PHILADELPHIA, PA -- On Friday, February 1, 2019, the Community and Economic Development (CED) Department of the Urban Affairs Coalition (UAC) released their latest version of the Foreclosure Prevention Resource Guide – the only resource that provides a comprehensive look at the services and options for those facing mortgage and tax foreclosure in Philadelphia and the surrounding counties.

 

The 2019 Edition of the Foreclosure Prevention Resource Guide was researched, written, and edited by the UAC Foreclosure Prevention Task Force, an initiative through the CED Department to promote awareness around foreclosure and mitigation strategies. Since 2007, over eight version of the guidebook have been created to include more updated information. More than 12,000 copies have been printed and distributed throughout the Greater Philadelphia region – to legislative offices, housing counseling agencies, food cupboards, community development corporations, nonprofit legal clinics, and other client-facing organizations.

 

 “In 2007, community leaders and bankers saw troubling conditions arising from subprime mortgages. In response, CED formed a Foreclosure Prevention Task Force that led to a set of 14 recommendations to guide the City’s response to the emerging crisis. One of these recommendations was to create a guide to help professionals and homeowners understand and prevent housing foreclosure,” said UAC President and CEO Sharmain Matlock-Turner. “Today we are pleased to provide you with the newest edition of the Foreclosure Prevention Resource Guide, another resource in the fight for economic justice.”

 

Thanks to a generous grant from Santander Bank, 2,000 copies of the 2019 resource guides have been printed and will be distributed over the next two months to local agencies and nonprofits.

 

“We are thankful for Santander’s continued partnership of our Foreclosure Prevention Resource Guides,” said Jojy Varghese, Director of the CED Department at the Urban Affairs Coalition. “Santander remains a critical partner on our Foreclosure Prevention Task Force, and continue to be a great resource to our department, as advocates for strengthening the foreclosure prevention system in Philadelphia.”

 

For those agencies and Greater Philadelphia residents that are able to access the resource guides online, the newest version can be downloaded free of charge at frc.uac.org at any time.

 

 

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About the CED Committee

The Community and Economic Development Committee of the Urban Affairs Coalition is a 65 member working group that represents government, banks, non-profit organizations, and community development professionals.  These organizations work together to bring capital, financial education, and other resources to local communities to ensure the stability, growth, and vitality of the region.

 

About the Urban Affairs Coalition

The Urban Affairs Coalition unites government, business, neighborhoods, and individual initiative to improve the quality of life in the region, build wealth in urban communities, and solve emerging issues. Please visit www.uac.org for more information.