The Capital Area Foreclosure Network

CAFN ACTIVITIES SINCE APRIL 2010

  1. Hosted over a dozen events for hundreds of homeowners housing counselors, realtors and others
  2. Placed over 1,000 bus ads on bus routes urging residents who are behind on their mortgage to seek help
  3. Distributed over 14,000 thousand brochures educating the region’s homeowners and renters.
  4. Conducted a study highlighting the need to fund  more counselors
  5. Appeared in over a dozen local and regional news outlets highlighting the needs of foreclosure counselors
  6. Worked with our members to determine what THEY find the most critical in fighting foreclosures
  7. Launched the Capital Area Foreclosure Prevention Fund to help support additional counselors
  8. Maintined an up to date website of  activities going on in your area
  9. Hosted Counselor Appreciation Week
  10. Funding foreclosure prevention work at seven nonprofit counseling organizations

….AND WE ARE NOT DONE YET!

The Capital Area Foreclosure Network (CAFN) brings together key stakeholders to enhance tools and knowledge to combat the region’s foreclosure crisis. The Capital Area Foreclosure Network is action oriented and high energy- our acronym CAFN is even pronounced caffeine! CAFN’s leadership includes representatives from local governments, grass roots organizations, funders, and large national institutions such as NeighborWorks America, the Federal Reserve Bank of Richmond, and well as Fannie Mae and Freddie Mac.

CAFN:

  1. Provides comprehensive support to front-line organizations and local coalitions working with at-risk residents;
  2. Conducts regional marketing and outreach campaigns urging residents to get help and warning them of the dangers of foreclosure rescue scams; and
  3. Researches and analyze regional foreclosure data and trends to better target resources and identify service delivery gaps.

Launched in April 2010, CAFN is being jointly led by the Nonprofit Roundtable of Greater Washington and the Metropolitan Washington Council of Governments. The Urban Institute provides the network and our members with strategic research and analysis, including a scan of area housing counseling, legal services, and social service organizations.