Attorney General announces Homeowner Protection Program
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POUGHKEEPSIE, N.Y. -- Attorney General Eric Schneiderman, while in Poughkeepsie, announced the results of the Homeowner Protection Program in the Hudson Valley.
The $60 million initiative helps people facing foreclosure by linking them up with attorneys and financial counselors. Schneiderman says in just the first three months of the program, 731 at-risk homeowners in the Hudson Valley received assistance, getting help with things like filling out applications for loans and mortgages.
The AG says the program is a step in rebuilding communities.
"All across New York State, there are thousands and thousands of families at risk. The communities around their homes are at risk because when people are foreclosed on, property values go down, crime rates increase, kids are pulled out of school. So this is a problem as New Yorkers we all share," Schneiderman said.
More than 3,500 have been served by the program in New York State.
If you'd like more information to see if you qualify for help, you can call the program's Hotline at 1-855-HOME-456.