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Paterson Pumps More Money Toward Fighting Foreclosures

In total, $21.2 million was given to foreclosure prevention programs in 2008

Monday, Jan 26, 2009 | Updated 4:18 PM EST

Paterson Pumps More Money Toward Fighting Foreclosures

ASSOCIATED PRESS

DHCR Commissioner Deborah VanAmerongen said: “Governor Paterson’s dedication to helping people keep their homes is making a difference in New York.

Gov. David A. Paterson announced Friday the government will pour $2.3 million dollars more into a program aimed at helping foreclosure victims around New York.

The newest grant will be provided to non-profit agencies for homeownership assistance and foreclosure prevention counseling, advocacy, and legal services.

The $2.3 million is in addition to the 53 awards totaling $21.2 million were allocated by the Division of Housing and Community Renewal (DHCR) in 2008 under the New York State Subprime Foreclosure Prevention Services Program.