• 43°

Grant will help N.C. homeowners avoid foreclosure

RALEIGH — The North Carolina Housing Finance Agency has been awarded a $2 million grant that will enable an additional 8,000 households statewide to receive foreclosure prevention counseling.
The $2,009,013 award, from NeighborWorks America under the National Foreclosure Mitigation Counseling (NFMC) Program, is the second-highest award nationwide, and the eighth NFMC award won by the North Carolina agency.
So far, NFMC grants have enabled the Agency to pay for foreclosure prevention counseling services for more than 40,000 homeowners in North Carolina. The assistance is available statewide through 28 HUD-approved counseling agencies, and is provided to homeowners at no cost.
Also available to homeowners at no cost is the N.C. Foreclosure Prevention Fund, which makes mortgage payments for up to 36 months for qualified unemployed homeowners while they look for a job or retrain. Nearly 16,000 North Carolinians have received assistance so far. The N.C. Housing Finance Agency received funding for this effort from the U.S. Dept. of the Treasury because of North Carolina’s high unemployment during the recession.
For information and a list of local counseling agencies offering assistance, homeowners can go to www.NCForeclosurePrevention.gov or call 888-623-8631.

Comments

Comments closed.

Local

Lanning named Spencer’s fire chief

Crime

Blotter: Feb. 26

Crime

Salisbury, Kannapolis men charged with soliciting sexual acts

News

Racial bias ‘deeply entrenched’ in report critical of Apex Police Department

Nation/World

US bombs facilities in Syria used by Iran-backed militia

Elections

City council again dismisses idea of adding new member, focus now on recommendation to delay elections

Business

‘Let’s make some money:’ Loosened restrictions praised by bar owners, baseball team

High School

Salisbury High bucks historical trend in dominant shutout of West Rowan

Enochville

Garage declared total loss after Enochville fire

Crime

Cooper, N.C. prison officials agree to release 3,500 inmates

Coronavirus

Two more COVID-19 deaths reported in Rowan, six for the week

Crime

Blotter: Man brandishes AR-15, runs over motorcycle at Rockwell-area gas station

Crime

Salisbury man charged with exploitation of minor

Crime

Road rage incident results in assault charges

Local

Dukeville lead testing results trickle in, more participation needed

Education

Faith Academy interviewing staff, preparing site for fall opening

News

Volunteers work around obstacles, alter procedures to offer free tax services to those in need

Education

Education shoutouts

Local

Retired Marine gets recognition for toy collection efforts

Local

March issue of Salisbury the Magazine is now available

Education

Five get Dunbar School Heritage Scholarships

Education

Education briefs: Salisbury Academy fourth-graders think big as inventors

Education

Bakari Sellers keynote speaker at Livingstone College Founder’s Day program

Nation/World

Biden aims to distribute masks to millions in ‘equity’ push