Division of Banks Announces Round Five of Regional Foreclosure Centers Funding - November 26, 2012

Funding Overview:

Pursuant to Chapter 206 of the Acts of 2007, An Act Protecting and Preserving Homeownership, the Massachusetts Legislature has approved the appropriation of an amount not to exceed $2 million for grants in support of first-time homeownership counseling programs and for Regional Foreclosure Education Centers.

Eligibility Requirements:

Applicants: The Division will accept funding proposals from entities which have previously implemented Chapter 206 Regional Foreclosure Education Centers and First-Time Homebuyer/Foreclosure Prevention Grants during the past five years. 2012 grantees must ensure all required program evaluation reports have been received by the Division in order to be eligible for 2013 funding.

Please click here for additional information from the DOB website.