What kind of government grants are out there to help with housing/home foreclosure?

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Question:

What kind of government grants are out there to help with housing/home foreclosure?

Answer:

While direct grants to homeowners in foreclosure are rare from the federal government, Uncle Sam has poured grant monies into the economy over the past couple of years intending to aid those in foreclosure or at risk for foreclosure.  For example, late in 2009, the federal government provided over $619,000 through the Department for Housing and Urban Development (HUD) to agencies and groups for the purpose of providing affordable homeowners and credit counseling to families facing foreclosure, seeking affordable rental housing, or hoping to buy their first home, and for the training of several thousand new homeowners counselors nationwide.  The HUD website has more information about federal government grants that might apply to your specific occupation, disability, or geographical area, such as those earmarked to aid victims of incidents like hurricane Katrina or the BP oil spill.  Your state’s department of housing or other state offices may also provide government grants that could apply directly to your personal situation.

Talk to a Foreclosure Defense Attorney to see what options you have in your state, and how you can avoid foreclosure and keep your home.

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