AUSTIN (Austin Business Journal)
– The U.S. Department of Housing and Urban Development and NeighborWorks
America have given Texas more than $135.4 million in federal grants to
help homeowners at risk of foreclosure.
The Emergency Homeowners Loan Program provides funding to help
homeowners who fall behind on their mortgage
payments because of involuntary unemployment or underemployment
caused by the economy or medical conditions.
One in every 1,074 homes in Texas received a foreclosure filing
last month.
