Web Version
Contact:
Marie Watteau, NCLR
202.776.1812


Nina Baliga, National CAPACD
202.223.2442


Amber Jaynes, NUL

212.558.5487


Janna Hughes, Emanate/Bank of America

601.497.2999
FOR IMMEDIATE RELEASE
Jul 8, 2009


ALLIANCE HOSTS FREE HOME RESCUE FAIR TO PRESERVE HOMEOWNERSHIP IN COMMUNITIES OF COLOR

Arlington, VA—The Alliance for Stabilizing our Communities—led by the National Council of La Raza (NCLR), the National Urban League (NUL), and the National Coalition for Asian Pacific American Community Development (National CAPACD)—with the support of Bank of America, will host a Free Home Rescue Fair on Saturday, July 11 from 10 a.m. to 2 p.m. at Wakefield High School, 4901 S. Chesterfield Rd., in Arlington, Virginia, 22206. Loan specialists, housing counselors, and attorneys will provide extensive on-site counseling services to Washington, DC-area families in multiple languages to provide homeowners at risk of foreclosure with expert advice and options.

Minority communities have been the hardest hit by the economic downturn that plagues many American families. The DC-area Home Rescue Fair, presented by the Hispanic Committee of Virginia, is one of 40 fairs taking place in 27 communities throughout the country and which are expected to serve more than 11,000 households, helping to keep families in their homes or find the best options for them.

The Alliance for Stabilizing our Communities will receive $2.5 million from Bank of America to provide:

  • Additional housing counselors in local markets
  • Training for new and existing counselors
  • Multilanguage outreach materials to educate at-risk borrowers about their options
  • A new resource guide to help communities respond to foreclosure challenges
  • For more information on the Alliance or to find out what can be done to prevent your home from going into foreclosure, contact the Hispanic Committee of Virginia at (703) 671-5666.

    MEDIA ADVISORY

    WHO: Alliance for Stabilizing our Communities: NCLR, NUL, and National CAPACD, Bank of America Housing counselors, loan specialists, attorneys, translators
    WHEN: Saturday, July 11, 10:00 a.m.–2:00 p.m.
    WHERE: Wakefield High School
    4901 S. Chesterfield Rd.
    Arlington, VA 22206

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    Related
    Topic: Community and Family Wealth-Building
    Policy: Housing
    
     

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