About CHFA’s Foreclosure Prevention Efforts
In February 2008, CHFA and 12 sub-grantees were awarded a $1.5 million grant from NeighborWorks America to increase foreclosure prevention activities in Colorado. $1.2 million of the grant award has been set aside to hire and train additional foreclosure mitigation counselors. The remaining award dollars will help promote foreclosure mitigation services available to homeowners at risk of foreclosure, most notably the Colorado Foreclosure Hotline (1-877-601-HOPE).
To guide our marketing efforts, CHFA conducted research to highlight the areas most in need of information about housing counseling services. Seven target areas were identified including neighborhoods in Aurora, Colorado Springs, Denver, Greeley and Parker. These neighborhoods demonstrated relatively high levels of foreclosure filings, but did not show a corresponding volume of calls to the Colorado Foreclosure Hotline. Throughout 2008, CHFA will work with its partners to organize advertising, community meetings, and direct mail promoting the Colorado Foreclosure Hotline and its network of nonprofit housing counselors within these seven key-market areas and throughout the state.
Related Links
Colorado Foreclosure Hotline
CHFA Customer Care.Net
Contact CHFA's Loan Servicing Division
Press Releases
April 21, 2008
Gov. Ritter and U.S. Sen. Ken Salazar Applaud Foreclosure Prevention Efforts Underway in Colorado
March 5, 2008
CHFA Awarded $1.5 Million for Foreclosure Prevention
News Coverage on this Topic
4.23.08- "Leaders Point to Help to Avoid Foreclosure" by Joe Hanel, Durango Herald
4.22.08 - "Foreclosure Help Not Always Sought" by Aldo Svaldi Denver Post
4.22.08 - "Postcards Offer Help to Keep Your Home" by Rich Laden, Colorado Springs Gazette
4.22.08 - "State Advertising Foreclosure Line" by Charles Ashby, Pueblo Chieftain
4.21.08 - "Ritter, Salazar Announce Efforts to Quell Foreclosures" 9News KUSA
4.21.08 - "Ritter Promotes Help for those Facing Foreclosure" News 4 KCNC
4.21.08 - "Gov. Ritter: A Penpal that Can Help Homeowners Avoid Foreclosure" by Alan Gathright, Rocky Mountain News
4.21.08 - "Foreclosure Prevention Week" by Bente Birkeland, Rocky Mountain Community Radio
4.21.08 - "Free Foreclosure Help Available" by Marija Vader, Grand Junction Free Press