Citizens concerned about foreclosure can get information and one-on-one counseling on April 20 at the third Foreclosure Prevention Open House …
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Citizens concerned about foreclosure can get information and
one-on-one counseling on April 20 at the third Foreclosure
Prevention Open House sponsored by Arapahoe County and the
nonprofit Brothers Redevelopment.
The free event is part of an ongoing effort to help county
residents keep their homes, according to County Commissioner Jim
“Arapahoe County is committed to providing information and
guidance to help struggling homeowners avert a foreclosure,” he
said. “We have partnered with Brothers Redevelopment to provide
foreclosure prevention services to residents for the past four
years, with positive outcomes for 80 percent of families who sought
The open house will be held 6-8 p.m. at the Englewood Civic
Center, 1000 Englewood Parkway, which is near the Englewood light
Counselors will provide guidance and discuss options available
to help people keep their homes. Attendees can continue working
with a counselor after the open house at no cost.
On-going clients must be residents of Arapahoe County, excluding
Aurora, which has its own foreclosure-prevention program. There
will be no formal presentation at the open house.
Arapahoe County’s foreclosures have increased 246 percent in
recent years, from about 1,500 filings in 2003 to more than 6,000
last year. There was one foreclosure per 77 occupied homes in the
county in 2009, according to the Colorado Division of Housing.
Arapahoe County has allocated $45,000 in Community Development
Block Grants since 2007 to help Brothers Redevelopment provide
foreclosure prevention and reverse-mortgage counseling.
Brothers Redevelopment provides a variety of housing-related
services. The organization also manages the Colorado Foreclosure
Hotline at 1-877-601-4673 and coloradoforeclosurehotline.org.
For more information, call Shannon Peer at 303-685-4204.
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