Brothers Redevelopment Inc Blogs Blogs - Foreclosure Hotline network can help locate flood-related resources
Saturday, September 23, 2017
 
Mar 18

Written by: BRIBlogger
Tuesday, March 18, 2014 2:14 PM 

The additional funding to help with flood recovery points out the ongoing need for the resource information available through the Hotline network agencies.

Six months later, flood-recovery efforts have receive an additional boost of $199.3 million from the U.S. Dept. of Housing and Urban Development. As reported in the Denver Post, the funds will go toward restoring homes, businesses and lives of those who bore the brunt of the September disaster.

The new funding also points out the ongoing need for the cooperative effort that developed flood online resources for Colorado Foreclosure Hotline housing counselors and homeowners.

On the heels of the flooding, staffers of the Hotline, Colorado Housing and Finance Authority, the Attorney General’s office and our Hotline Network partner agencies worked together to compile and, in some cases, create resources to help those affected by the what was called a 100-year flood.

At that time, a comprehensive list of flood resources was posted on the Colorado Hotline Web site so its network of HUD-approved counseling agencies across the state had access to essential information to share with homeowners in their regions.

Content, which remains a resource on the Web, is organized by topic in four lists: News, Housing resources; Emergency support; and Bank / financial services. Hotline staffers made updates as new resources are available. To find a list of Hotline network agencies, go to www.coloradoforeclosurehotline.org and About.

In what became a great cooperative effort to help fellow Coloradans, financial institutions, government agencies and professional organizations worked to provide helpful resources. The Colorado Foreclosure Hotline is managed by Brothers Redevelopment.

In December, HUD awarded $62.8 million for flood rehabilitation in the state. With the March 14 award, Colorado's flooded towns and cities will have received $262.1 million through the CDBG program.

At least 80 percent of the CDBG funds will be directed toward Boulder, Weld and Larimer counties, where about 2,800 homes were destroyed or severely damaged, officials said. Twenty-four Colorado counties were declared disaster areas by Gov. John Hickenlooper.

Across the state, the floods killed nine people and damaged or destroyed as many as 2,000 homes. It washed out hundreds of miles of roads and left many small mountain towns completely cut off. The flooding caused damage across nearly 2,000 square miles as flood waters spread out, inundating communities and agricultural land on the eastern plains.

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