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Foreclosure Prevention

This Fund will provide the homeowner with a portion of mortgage arrearages.

The owner:

• Must own and live in the home in the Blue Hills
   neighborhood, and be faced with foreclosure.

• Must submit proof of all family income (one month’s
   pay stubs, or current benefit letter) and photo ID,
   as well as evidence of threatened foreclosure.

• Must provide in writing a description and proof of why
   you are faced with foreclosure, and why a one time
   grant will be sufficient to insure ownership in the
   longer-term.

• Must provide proof of a reasonable prospect of
  renewed income and/or health sufficient to maintain
   the rental for the long term.

• Grant amount is up to $1500.00, which in most cases  
   will be paid to the mortgage holder.

• Financial input from the family may be requested.

• All applications must be completed in all respects;
  incomplete applications will not be considered.
  Applications must be mailed or delivered by the first of
  the month to be considered for approval for the
  15th of the month.

 

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