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Meeting Monday for at-risk homeowners

April 28, 2012

WOONSOCKET – State Reps. Robert D. Phillips (D-Dist. 51, Woonsocket), Lisa Baldelli-Hunt (D-Dist. 49, Woonsocket) and Jon D. Brien (D-Dist. 50, Woonsocket) have invited Rhode Island Housing to hold an informational meeting about the Hardest Hit Fund Rhode Island for at-risk homeowners.
The meeting will be held on Monday from 6-8 p.m. in Harris Hall, 169 Main St. and include a breakdown of changes to HHFRI that will make it easier for struggling homeowners to obtain assistance with mortgage payments.
HHFRI is a program supported by the U.S. Treasury to prevent avoidable foreclosures by helping homeowners who are unable to meet their mortgage obligations due to hardships such as job loss or underemployment. Rhode Island Housing has been designated by the treasury to oversee the assistance program.
According to RIH’s web site, funding for HHFRI has been available through the Housing Finance Agency Innovation Fund for the hardest-hit housing markets. The treasury chose Rhode Island to receive funding because of its high unemployment rate and the staggering impact of joblessness on residents.


At-risk property owners

April 29, 2012 by Working Stiff (not verified), 3 years 9 weeks ago
Comment: 1205

Will reps Phillips, Baldelli-Hunt and Brien be on hand to answer questions as well?

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