Wednesday, October 06, 2010 2:41 PM
HUD Reg'l Administrator Rick Garcia visits BRI to announce $41.2 million program for state's unemployed homeowners
HUD Regional Administrator Rick Garcia visited Brothers Redevelopment on Wednesday to announce a new emergency assistance program for unemployed homeowners. Colorado is slated to receive $41.2 million through new program, which will offer forgiveable, deferred payment bridge loans for up to $50,000 for eligible borrowers. The program won't launch for several weeks, but a summary of who can qualify is available here. For more info, visit www.hud.gov.