Foreclosure

COMMUNITY ALERT: Anti-foreclosure Workshop | July 16

A workshop against Foreclosure is being held tonight at 6PM ! If you've been targeted with predatory loans and are facing forelcosure please join the people trying  to reverse and help those facing the same circumstances having their homes and property taken away. Bring your voice and paperwork to the meeting this evening.  Dont skip out on having your situation reviewed. Tell a friend, bring a friend!

Where: 

Union of Minority Neighborhood 

 42 Seaverns Avenue

Jamaica Plain, MA  02130

When:

TODAY! July 16th at 6PM

GFCAC Protest Against Foreclosure Jan. 31

On Tuesday, January 31, 2012 Greater Four Corners Action Coalition, in partnership with City Life, is looking for community members to come out for a protest against foreclosure in the Dorchester community. The "Stop this Auction" action will be held in front of 40 Fowler Street in Dorchester, a property recently foreclosed on twice, in support of a tenant about to be evicted. The property is set to be auctioned off at 10:00 a.m. - show your support and assemble at 9:30 a.m. in front of 40 Fowler Street to gain support and attention for this issue!

Emergency Homeowners Loan Program

Emergency Homeowner Loan ProgramThe following is a message from the message from the State of Massachusetts regarding the Emergency Homeowners Loan Program (EHLP). Nuestra CDC is one local organization working to assist local homeowners through the EHLP program. Nuestra CDC is a local partner in the EHLP effort - for a related post, see here. For information about the EHLP in Spanish, Vietnamese, Korean or Chinese, click here.

Lt. Governor Tim Murray and I recently launched a public service announcement encouraging unemployed homeowners who are facing foreclosure to apply for the federal Emergency Homeowners’ Loan Program (EHLP). Through EHLP, Administered by the U.S. Department of Housing & Urban Development (HUD) in conjunction with NeighborWorks America, Massachusetts homeowners are eligible for a total of $61 million in EHLP assistance, and must apply by July 22, 2011.

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"How to Buy a Foreclosed Property" with DotWell and the Boston Home Center, Jul. 20

The Boston Home Center (BHC), part of the Department for Neighborhood Development (DND)The Boston Home Center and DotWell will hold a workshop on purchasing foreclosed properties on Wednesday, July 20, 2011, from 6:30 p.m. to 8:30 p.m., at the Codman Sq. Tech Ctr., 450 Washington Street, Dorchester, MA. This free two-hour seminar, "Homebuying 104: How to Buy a Foreclosed Property," includes information about the foreclosed property purchase process, legal issues, mortgage and property selection, and information about special home repair resources. You must pre-register to attend and space fills up quickly.

For more information, please contact Shauntell Foster at 617-822-8171 or shauntell.foster@dotwell.org. You may contact the Boston Home Center at 617.635.HOME or HomeCenter.DND@cityofboston.gov.

Boston Community Capital

Phone: 

617.427.8600

Mission: 

Boston Community Capital (BCC) is a community development financial institution whose mission is to build healthy communities where low-income people live and work. We accomplish this mission by investing in projects that provide affordable housing, good jobs, and new opportunities in low-income communities, connecting these neighborhoods to the mainstream economy.

Since 1985, BCC has invested more than $550 million to support organizations and businesses that benefit underserved communities. Our loans and investments have helped:

Build or preserve affordable homes for over 10,000 families and individuals

Support child care facilities serving over 7,000 children

Finance schools and youth programs serving over 2,000 low-income students

Renovate over 750,000 square feet of commercial real estate in distressed inner-city communities

Create more than 1,400 jobs in low-income communities

Generate over 1.4 million kilowatt hours of solar capacity annually on affordable housing serving over 1,100 families and individuals,

Provide fixed-rate mortgages that have allowed over 80 families facing foreclosure to remain in their homes.

Location

Boston Community Capital
57 Warren Street
Boston, MA 02119
United States
Key Partners: 

DotWell (BCC refers to DotWell's financial counseling program);

Key Programs Offered: 

BCC’s programs and initiatives include:

Boston Community Loan Fund (BCLF); lends money to community projects such as affordable housing, child care facilities, schools, youth programs and community facilities.

Boston Community Venture Fund (BCVF) makes equity investments in businesses that create jobs or provide services for LICs.

New Markets Tax Credits leverages private sector investment into distressed communities across the United States.

Foreclosure Relief Programs focus on stabilizing neighborhoods hardest hit by the foreclosure crisis, and helping families facing eviction due to foreclosure to remain in their homes.

SUN Initiative; Stabilizing Urban Neighborhoods is a program created to help you keep your home if you are a homeowner or tenant going through foreclosure.
For more information call 617-933-5880. Click here to take eligibility survey.

Created: 
11/04/2010

Loan Committee
Victor Rivera; Chair, Bank of America

Meg Bennett
; Deutsche Bank

Eva Clarke
; MMA Financial

Laura Hackell
; Independent Consultant

DeWitt Jones; Boston Community Capital

Maria Maffei; Independent Consultant

Linnie McLean; Trillium Asset Management (former)

Glenn Morgan;
SkyWorld

Jennifer Pinck; Pinck and Company

Rebecca Regan; Boston Community Capital

Steven Tromp;
Wainwright Bank


Venture Committee
Edward Dugger, III; Chair,
UNC Partners, Inc.


Charles Clark;
Youth Build, USA

Elyse Cherry; Boston Community Capital

DeWitt Jones; Boston Community Capital

James Walsh, S.J., Esq.;
Attorney

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