What is CAFN?
CAFN is a Washington metropolitan area coalition that builds on and supports the work of nonprofit organizations, local governments and national partners addressing the ongoing foreclosure crisis.
Get Help
Free help is available from trained counselors. Whether you're a homeowner or a renter, there are resources available to help you.
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Frontpage SlideShow
The Metropolitan Washington Council of Governments and the Nonprofit Roundtable of Greater Washington launched the Capital Area Foreclosure Network, a group that will work to prevent foreclosures in the Washington area. Read More»
Counseling is available for current homeowners to learn how to save their homes from foreclosure. Read More >
Federal protection enacted in May 2009 and state and local protections means you may not have to leave if your landlord goes into foreclosure. Help is available. Read More >
National nonprofits and government entities have developed user friendly web sites that consistently provide the most up to date information about new resources and tools for homeowners and practitioners. Read More >
Frontpage Slideshow (version 2.0.0) - Copyright © 2006-2008 by JoomlaWorks
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Finding Solutions to Foreclosures |
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HUD Funding Announcement! |
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Housing Counseling Assistance Program. Department of Housing and Urban Development (HUD) announces funds to support the delivery of a wide variety of housing counseling services to homebuyers, homeowners, low- to moderate-income renters, and the homeless. The primary objectives of the program are to improve financial literacy, expand homeownership opportunities, improve access to affordable housing and preserve homeownership.
Eligibility: City or township governments, county governments, state governments, nonprofit organizations, public housing authorities and others.
Deadline: August 27, 2010.
Funds: $79,000,000 is available.
Information: Wanda L. Sampedro at (202) 402-2324 or wanda.sampedro@hud.gov; or go to: http://www.grants.gov and search for CFDA# 14.169.
GrantID: GD4058 |
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This week! The Capital Area Foreclosure Network and Chase present Short Sale and Deed In Lieu Training |
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This highly informative course highlights the policies and procedures that Chase uses to execute short sales and deed in lieu of foreclosures including the Home Affordable Foreclosure Alternative Program (HAFA). Registration is now closed.
Date: July 22, 2010
Where: Eastern Montgomery Regional Services Center
3300 Briggs Chaney Road
Silver Spring, MD 20904
When: 9:00 a.m. to Noon
Breakfast and Registration Start at 8:30 |
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US Treasury Official Speaks at CAFN Event |
Washington Area funders recently gathered to learn more about the region’s foreclosure problem and the important role housing counselors play in helping homeowners avoid foreclosure. The briefing was co-hosted by the Washington Regional Association of Grantmakers, Nonprofit Roundtable of Greater Washington, Metropolitan Washington Council of Governments and the Capital Area Foreclosure Network (CAFN).
Phyllis Caldwell, Chief of the Homeownership Preservation Office at the Department of Treasury explained new federal programs to prevent foreclosures. These include the Home Affordable Foreclosure Alternatives Program, which helps homeowners complete a short sale or a deed-in-lieu of foreclosure, and the Unemployment Program, a forbearance program for unemployed homeowners. Read Ms Caldwell's full remarks
• National research has shown that counseling can help troubled homeowners. The Urban Institute reports that homeowners working with a counselor were 60 percent more likely to cure an existing foreclosure than those who navigated the system alone. For homeowners who obtained loan modifications, counselors helped reduce monthly payments by an average of $454 more then those without counselors.
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Check out brochures for consumers! |
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