The award recognizes the comprehensive approach taken by the County’s Department of Housing and Community Affairs to prevent foreclosures, mitigate their impact and preserve affordable housing.
DHCA’s initiatives include providing $9.5 million to nonprofit developers and the Housing Opportunities Commission to acquire, rehabilitate and sell or rent foreclosed homes; organizing meetings for at-risk home buyers; offering housing counseling; working with area banks and realtors; matching state foreclosure prevention funding; enhancing code enforcement; and hosting an annual Housing Fair and Financial Fitness Day.
| 19 July 2010
Montgomery County’s comprehensive approach to prevent foreclosures has been recognized with the Best Government Initiative Award from the Housing Association of Non-profit Developers.The award recognizes the comprehensive approach taken by the County’s Department of Housing and Community Affairs to prevent foreclosures, mitigate their impact and preserve affordable housing.
DHCA’s initiatives include providing $9.5 million to nonprofit developers and the Housing Opportunities Commission to acquire, rehabilitate and sell or rent foreclosed homes; organizing meetings for at-risk home buyers; offering housing counseling; working with area banks and realtors; matching state foreclosure prevention funding; enhancing code enforcement; and hosting an annual Housing Fair and Financial Fitness Day.
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