Helping Atlanta Homeowners Avoid Foreclosure

By: U.S. Congressman David Scott

6/7/2012

Last week, in College Park, 1,478 homeowners attended the “Help for Homeowners Event” at the Georgia International Convention Center.  It was the fourth time the Obama Administration has sponsored an event for struggling homeowners in the Atlanta area.  In total, 8,065 homeowners have been helped at events in Metropolitan Atlanta, and more than 275,000 families in the area have received assistance through government and mortgage servicer programs.

I attended this event to hear directly from homeowners about their experiences and to talk with community leaders about ways to help federal programs reach more families struggling with their mortgages.  Almost 570 real estate agents and housing counselors participated in free seminars about the Administration’s programs to help homeowners prevent foreclosure.  Dozens of mortgage representatives from about 20 banks and 50 representatives from local HUD-approved housing counseling agencies also met with homeowners.  The Georgia Department of Community Affairs helped more than 200 homeowners learn about HomeSafe Georgia, Georgia’s program through Treasury’s Hardest Hit Fund, which provides up to 18 months of mortgage payment assistance while a homeowner is looking for work.

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Helping Atlanta Homeowners Avoid Foreclosure

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CDFI Fund Director Donna Gambrell speaks at Clinton Global Initiative conference on importance of creating access to financing for small businesses

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