Success of Homeowner Protection Program
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BUFFALO, N.Y. -- State Attorney General Schneiderman announced Tuesday the results of the Homeowner Protection Program in Western New York.
The $60 million initiative helps people facing foreclosure by linking them up with attorneys and financial counselors.
Schneiderman said in just the first three months of the program, 547 at-risk homeowners in the Buffalo-Niagara region received assistance, getting help with efforts like filling out applications for loans and mortgages.
The Attorney General said the program is a step in rebuilding communities.
"A foreclosure isn't just a blow to a family, it's a blow to the community," said Schneiderman. "Foreclosures require people to uproot their families, pull their kids out of school, rebuild their lives. There is evidence that foreclosures have a ripple effect on the economy. Housing prices in the neighborhood plummet and frequently crime goes up."
More than 3,500 people 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 hot line at 1-855-HOME-456.