A Report on the Third Year of New York Attorney General Eric T. Schneiderman ’ s Homeownership Protection Program (HOPP ) August 2015
The First Three Years of HOPP $60 mi million to qualified organizations to provide legal and housing counseling services to homeown wner ers ac across ss New York rk State te. Because of HOPP, 50 50,000 00 New ew Yorkers and their r fa families ies did not have to navigate the treacherous loan modification or foreclosure process alone. To date, almost a th third rd of HOPP clie ients ts are in acti tive e negoti tiati tions for, r, or h r have ve re received ved, , loan an modif ificatio tions. In three years, more than 12 12,000 homeown wner ers have called HO PP’s hotline.
Helping Families Across the State
Hardest Hit Regions High levels of mortgage Long Island distress can have Brentwood 1,918 24% Bay Shore 1,832 18% devastating effects on Hempstead 1,616 28% entire communities . New York City Canarsie (BK) 1,813 14% In Hempstead, Long Cypress Hills (BK) 1,484 24% East New York (BK) 1,388 24% Island , for example, Hudson Valley nearly 1 in 3 borrowers Newburgh 1,314 16% were 90+ days Middletown 1,300 19% Spring Valley 907 16% delinquent on their Capital Region and Western New York mortgages. Troy 581 9% Rochester 536 7% Buffalo (Kensington) 526 10% Source: Urban Institute (2014)
Who HOPP Helps 64.8 4.8% 12.19 12 48.5% 48.5% 13 13,570 70 HOPP clien ients ts Avera erage ge Perce Pe centage ge HOP OPP self-rep report as num number er of of of of HOPP clien ients ts below ow years s HOPP clien ients marri ried d Ne New York k clien ients ts report self lf-re report t with th Sta te’s m edi dian an ownin ing the their r as non- de depe pende ndents ts inc ncome ome home omes wh white te
HOPP: Looking Ahead Attorney General Schneiderman has committed to ex expand HOPP for an a an add dditi tional l two ye year ars, ensuring that this assistance will be available through September 2017. OA OAG has as co comm mmitt tted ed an an additi tional al $40 40 mi million n to HOPP and will issue a ne new Request t for r Applica cations for r funding th this ye year ar, bringing the total commitment to the program to $100 million. HOPP ’s suc ces ess would ld no not hav ave been n possi ssible le with thout t th the insp spiri ring comm mmitmen ment of th the hund ndre reds ds of ho housi sing coun unse selors, , lawyer ers, s, and oth ther r profess essional als who ho compose th the net etwork rk. Their hard work cannot be fully captured by any statistic or figure, but their collective wisdom and dedication is the engine that drives HOP P’s success.
HOP OPP P Yea ear r 4 • Housing using Counseling unseling – Funding and New Grantees – Programming and Training • Legal gal Se Services vices – Funding – Programming and Training
20 2016 6 Po Poli licy cy Iss ssues es • Settlement Conferences • 90 Pre-Foreclosure Filing Notices • Zombie Property Legislation • Statewide registry • Expedited foreclosure process • Vacant and Abandoned Properties • Community Restoration Fund • Continued Funding
Our New Look
Escalations Program
New York State Mortgage Assistance Program
New York State Mortgage Assistance Program
Scams Targeting Homeowners
AGScamHelp.com
AGScamHelp.com
AGScamHelp.com
AGScamHelp.com
Ad Campaign Kick-off
Bus Ads
Mobile Ads
We Need Your Help!
Recommend
More recommend
