FOR IMMEDIATE RELEASE
June 29, 2011
Texas Foreclosure Prevention Task Force Urges Homeowners to Seek Help with
Emergency Homeowners’ Loan Program (EHLP)
Help for Unemployed Texas Homeowners at Risk of Foreclosure
[Austin, Texas] – The Texas Foreclosure Prevention Task Force (TFPTF) is encouraging any Texas homeowner who has recently suffered job loss or significant reduction in income to investigate whether they are eligible for a new financial assistance program. In cooperation with the U.S. Department of Housing and Urban Development (HUD) and NeighborWorks® America (NW) the Texas Foreclosure Prevention Task Force has created a webpage at www.texasforeclosurehelp.org to help direct homeowners to the Texas nonprofit counseling agencies participating in the Emergency Homeowners’ Loan Program (EHLP).
The EHLP program was created by Congress to assist homeowners who have experienced a reduction in income and are at risk of foreclosure due to involuntary unemployment, underemployment, economic conditions or a medical condition. Texas received $135 million for this program. Eligible homeowners can qualify for an interest free loan, which pays a portion of their monthly mortgage for up to two years, or up to $50,000, whichever comes first.
The EHLP funds will pay a portion of an approved applicant’s monthly mortgage as well as missed mortgage payments or past due charges including principal, interest, taxes and insurance.
“The deadline to apply for this program is July 22, 2011, so we encourage homeowners to submit their information now to a participating housing counseling nonprofit,” said David Long, President of the Texas State Affordable Housing Corporation and co-chair of the Texas Foreclosure Prevention Task Force. “Even if homeowners do not qualify for this program, the participating housing counseling nonprofits are trained to assist homeowners with foreclosure intervention and other housing services.”
The Texas Foreclosure Prevention Task Force has two key messages for consumers: Don’t delay in investigating if you are eligible for the program, and be certain you are dealing with a nonprofit organization approved, authorized or associated with the US Department of Housing and Urban Development (HUD) or NeighborWorks® America. There is no charge to apply for this program.
For more information interested Texas homeowners should visit www.texasforeclosurehelp.org, www.FindEHLP.org, call toll free 855-FIND-EHLP (346-3345) or contact one of the following EHLP Texas providers:
Avenida Guadalupe Association
Website: www.avenidaguadalupe.org
Phone Number: (210) 223-3151
Location: San Antonio
BCL of Texas
Website: www.ehlptexas.org
Phone Number: (877) 417-8272
Locations: Dallas, Austin
CCCS of Greater Dallas
Website: www.cccs.net
Phone Number: (214) 638-2227
Locations: Dallas, Austin
CredAbility
Website: www.CredAbility.org
Phone Number: (800) 984-0979
Location: National Hotline
GreenPath Debt Solutions
Web: www.greenpath.com
Phone: (888) 893-2711
Locations: Brownsville, Corpus, Denton, Harlingen, McAllen, McKinney, Plano, and Texarkana
Homeownership Preservation Foundation – HOPE Hotline
Web: www.995hope.org
Phone: (888) 995-HOPE
Location: National Hotline
Houston Area Urban League
Web: www.haul.org
Phone: (713) 393-8700
Locations: Houston Area
Money Management International – MMI
Web: www.get-ehlp.org
Phone: (877) 329-2502
Phone: (713) 394-3000
Locations: Abilene, Bedford, Bryan, Burleson, Fort Worth, Houston, Humble, Killeen, Lubbock, Lufkin, Mansfield, Odessa, San Angelo, Stafford, Sugarland, Texas City, The Woodlands, Waco, and National Hotline
NHS of Waco
Web: www.nw-waco.org
Phone: (254) 752-1647
Location: Waco
Operation HOPE
Phone (877) 592-4673
Location: National Hotline
Springboard Non Profit Consumer Credit Management, Inc.
Web: www.credit.org
Phone: (877) 947-3752
Locations: San Antonio, National Hotline
Urban League of Greater Dallas & North Central Texas
Web: www.ulgdnctx.com
Phone (214) 915-4600
Locations: Greater Dallas and North Central Texas
YWCA El Paso Del Norte
Web: www.ywcaelpaso.org
Phone: (915) 577-2530
Location: El Paso
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Lenders to Talk to Struggling Homeowners at FREE Foreclosure Prevention Workshop, Arlington, TX, May 30, 2008. HOPE NOW Alliance, Texas Foreclosure Prevention Task Force and NeighborWorks America.
Lenders to Talk to Struggling Homeowners at FREE Foreclosure Prevention Workshop, San Antonio, TX, May 30, 2008. HOPE NOW Alliance, Texas Foreclosure Prevention Task Force and NeighborWorks America.
HUD Secretary, Dallas State Senator join state housing agency, stakeholders to launch statewide foreclosure prevention task force; Task Force leads information campaign to assist Texans facing or experiencing foreclosure. March, 17, 2008
