My friend Ed Nelson over at the Minnesota Home Ownership Center (MNHOC) posted information about their new program to help homeowners AFTER their foreclosure on their blog. Here is an excerpt from that post:
The Minnesota Home Ownership Center is pleased to announce a new pilot program that may assist families AFTER the foreclosure of their home with up to $2,500 to relocate and secure alternative housing. Funding for this pilot program has been provided by the Saint Paul Foundation Community Economic Relief Fund.
For now, homeowners being displaced must have owned in Dakota, Ramsey or Washington Counties during this pilot program. Depending on need, and availability of future funding, the program may be expanded.
Funds may be used for:
Moving expenses
Security deposits
Up to half of monthly rent for first three months
Utilities (gas, electric, water)
Read the rest of the blog post here.
