JAMAICA, NY – July 18, 2011 – (RealEstateRama) — Congressman Gregory W. Meeks (NY-6), senior member of the Financial Services Committee and House Foreign Affairs Committee, along with community organizations, including Neighborhood Works America, will hold a press conference on Monday, July 18, 11:00 am to urge eligible homeowners to act quickly to apply for the U.S. Department of Housing and Urban Development (HUD) Emergency Homeowners’ Loan Program (EHLP). Congressman Meeks will be joined by Adolfo Carrion, HUD Regional Administrator, Region II. Mr. Carrion is a former Bronx Borough President and director of the White House Office on Urban Policy.
Congress recently provided $1 billion dollars to HUD to implement EHLP. The program assists homeowners who have experienced a reduction in income and are at risk of foreclosure because of involuntary unemployment or under employment due to economic circumstances or a medical condition.
Under EHLP program guidelines, eligible homeowners can qualify for an interest free loan of up to $50,000 to pay for a portion of their monthly mortgage for up to two years.
“The foreclosure crisis has hit Southeast Queens hard. It is critical for residents to act before the July 22, 2011 deadline to take advantage of this potentially home-saving program,” stated Congressman Gregory W. Meeks.
WHO: Congressman Gregory W. Meeks
EVENT: Press Conference
WHERE: Jamaica District Office, 153-01, 2nd Floor, Jamaica, NY
DATE: Monday, July 18, 2011
TIME: 11:00 A.M.
