Foreclosure protection offered to displaced families in 12 counties
WASHINGTON, DC – January 5, 2010 – (RealEstateRama) — U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to counties in Alabama and provide support to homeowners and low-income renters forced from their homes following last month’s severe storms and flooding.
Last week, President Obama issued a disaster declaration for Barbour, Butler, Clarke, Coffee, Conecuh, Covington, Crenshaw, Dale, Escambia, Geneva, Henry, and Pike Counties. The President’s declaration allows HUD to offer foreclosure relief and other assistance to certain families living in this county.
Families who may have been forced from their homes need to know that help is available to begin the rebuilding process,said Donovan.Whether it’s foreclosure relief for FHA-insured families or helping these counties to recover, HUD stands ready to help in any way we can.
HUD is the nation’s housing agency committed to sustaining homeownership; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development and enforces the nation’s fair housing laws. More information about HUD and its programs is available on the Internet at www.hud.gov and espanol.hud.gov.