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Foreclosure Prevention Resource Event Scheduled for Mercer County on Monday, December 12, 2016
Home > Media Room > HMFA in the News > News 2016 > Foreclosure Prevention Resource Event Scheduled for Mercer County on Monday, December 12, 2016
For Immediate Release: Contact:
November 30, 2016 Tammori Petty
Emike Omogbai
609-292-6055
 

Foreclosure Prevention Resource Event Scheduled for Mercer County on Monday, December 12, 2016

FREE Foreclosure Info Session Provides Homeowners with Opportunity to Meet One-on-One with HUD-Certified Housing Counselors and Additional Local Vendors and Services

TRENTON, NJ – The Christie Administration invites all Mercer County residents who are struggling to pay their mortgages to attend a free Foreclosure Prevention Resource Event, Monday, December 12, from 3-8 p.m., at The Boathouse at Mercer Lake, Mercer County Park, 334 South Post Road, West Windsor.

Hosted by the New Jersey Housing and Mortgage Finance Agency (HMFA), the event will provide information about available foreclosure prevention programs and provide homeowners with an opportunity to visit with housing counselors, industry representatives and local organizations that can offer helpful resources.

“The Foreclosure Prevention Resource Event is a great opportunity for homeowners to learn about programs that can be of help to them,” said DCA Commissioner Charles A. Richman, who is also Chairman of the HMFA Board. “We encourage residents to stop by with their questions and concerns so they can be matched with the appropriate assistance.”

The event will highlight two programs available through New Jersey’s Hardest Hit Fund (NJHHF):

  • New Jersey HomeKeeper offers eligible homeowners up to $48,000 in financial assistance to cover arrearages and/or monthly mortgage payments (including principal, interest, taxes and insurance) for up to 12 months.
  • New Jersey HomeSaver offers eligible homeowners up to $50,000 in financial assistance to help bring their household monthly payment to an affordable level through a refinance, recast, or permanent modification of the first mortgage loan.

“The New Jersey HomeKeeper and HomeSaver programs are here to assist homeowners who are struggling to make their mortgage payments,” said HMFA Executive Director Anthony L. Marchetta. “We encourage all area homeowners to attend this event and learn about their options. Through meeting one-on-one with a housing counselor, homeowners can obtain a personalized plan of action for their specific situations and begin to get back on track.”

The NJHHF, which includes the New Jersey HomeKeeper and New Jersey HomeSaver programs, is funded through a federal grant from the United States Treasury’s Hardest Hit Fund (HHF) and is administered by HMFA for the State of New Jersey. HHF is a federal initiative that creates locally-tailored foreclosure prevention programs in areas hardest hit by the economic downturn, including 18 states and the District of Columbia.

Homeowners interested in attending and meeting with a housing counselor at the Foreclosure Prevention Resource Event on December 12 may register online at http://bit.ly/dec12foreclosure.

Registration is not required, but is encouraged to ensure adequate resources are available on-site for attendees.

For more information about the event visit http://www.njhousing.gov/foreclosure or, contact a HHF Consumer Relations Liaison toll free at 1-855-647-7700 or 609-278-7660 or email hardesthitnj@njhmfa.gov.

ABOUT HMFA
The HMFA was created by the New Jersey State Legislature in 1983 to advocate for the production and financing of homeownership and rental housing that is affordable to lower income residents of the State of New Jersey. As part of its mission, the HMFA provides a variety of fixed interest rate mortgages and down payment and closing cost assistance programs to assist homebuyers and homeowners. Dedicated to increasing the availability of and accessibility to safe, decent and affordable housing to families across New Jersey, the HMFA provides funding for traditional affordable housing developments that serve New Jersey's neediest families as well as first-time homebuyers, senior citizens, and/or the disabled in special needs communities. In every situation HMFA is committed to make quality housing available at costs that are affordable to New Jersey residents. Learn more at www.njhousing.gov