Thank you for your interest in the Attorney General’s HomeCorps: Borrower Recovery Initiative. Utilizing funds recovered by the AGO through a nationwide state-federal settlement over unlawful foreclosures, the Office of Massachusetts Attorney General Martha Coakley (AGO) is pleased to announce the HomeCorps: Borrower Recovery Initiative Grant (Recovery Grant), which is designed to prevent homelessness and help borrowers stabilize and recover after the loss of home ownership due to foreclosure or after eviction that follows a foreclosure.
The Massachusetts Association for Community Action (MASSCAP) will be awarded a two year grant totaling $7.4 million to administer the Borrower Recovery Initiative.
Beginning in September, the grant will fund 19 borrower recovery sites supported by 21 case managers across the state to work directly with families and individuals to prevent homelessness, provide assistance to families transitioning from homeownership following foreclosure, and provide financial education and counseling to individuals and families facing eviction. The sites will receive referrals from the AG’s Office and the funding will enable direct assistance for up to 2,400 households over the course of the 2-year grant term.