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Dec

14

12/17 event: help ask Sheriff McFaul, lending institutions for 60 day foreclosure holiday


Want to feel like you make a difference and even actually contribute to making a difference?  Read what Bill’s forwarded to me and a few others and either plan to get there or post the info so others who can, can get there:

Community Organizations Call for Foreclosure Holiday

Contact: Katy Gall  -  614-638-1562
Bill Callahan  – 216-870-4736

When: Monday December 17th 10am
Where: At the home of Tina Williams, a homeowner facing foreclosure, 3884 East 112th Street

What: A coalition of community advocates will call on Sheriff Gerald McFaul and lending institutions to observe a 60 day foreclosure holiday to allow vulnerable borrowers time to get the help they need.  The coalition will deliver an open letter to Sheriff McFaul calling for his leadership in stemming the tide of foreclosures that threatens to overwhelm many neighborhoods in Cuyahoga County.  A 60-day moratorium on foreclosures of occupied houses would allow many of the affected homeowners time to work with housing counselors and their lenders to find ways to stay in their homes.

“Many of our friends and neighbors will be spending this holiday season wondering how much longer they will be able to stay in their homes.  Whether they have adjustable rate mortgages that are about to reset, or payments that they simply can’t afford, they need relief.   We are calling on Sheriff McFaul to do everything in his power to give these borrowers the extra time that will allow them to contact their lenders and stay in their homes.” said Tina Williams, a homeowner who is herself facing foreclosure.

Up to half of all homeowners facing foreclosure never contact their lenders.  The 60 day foreclosure holiday would allow community organizations time to reach many of these borrowers.

Following the event a delegation will deliver the letter to Sherriff McFaul’s office in the Justice Center.

Visuals include: Inflatable “Grinch” and Christmas decorations, community representatives from more than a dozen sponsoring organizations and speakers with first-hand knowledge of Cleveland’s foreclosure crisis.

Sponsoring Organizations Include: 

Neighborhood Housing Services of Greater Cleveland
Empowering & Strengthening Ohio’s People (ESOP)
Cleveland ACORN
Cleveland Housing Network
Cleveland Tenants Organization
Neighborhood Progress, Inc.
Cleveland Neighborhood Development Coalition
Housing Research and Advocacy Center
Legal Aid Society of Cleveland
Community Housing Solutions
Heights Community Congress
Housing Advocates, Inc.
Collinwood and Nottingham Villages Development Corporation
Ashbury Community Services
Spanish American Committee
Greater Cleveland NAACP
Commission on Catholic Community Action
Northeast Ohio Coalition on the Homeless

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By Jill Miller Zimon at 10:35 pm December 14th, 2007 in Announcements, Cleveland+, Economy, Government, Ohio, Politics, Social Issues 

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