CCFRC
Clayton County Foreclosure Resource Center
Foreclosure Prevention and Intervention
In response to the growing number of foreclosures in its community, the Housing Authority of Clayton County (HACC) led the efforts of a local collaboration to form the Clayton County Foreclosure Resource Center (CCFRC). As the lead agency funding this partnership, the HACC joined forces with HUD-approved counseling agencies, including Consumer Credit Counseling Service of Greater Atlanta (CCCS) and D&E, A Financial Education and Training Institute, Inc., as well as Southern Crescent Habitat for Humanity, the Metro South Association of REALTORS®, Higher Living Community Impact Center, Inc., and others, to create Foreclosure Prevention and Intervention Programs through the CCFRC.
The CCFRC alliance of collective, comprehensive professional services provides local residents in need with free financial assistance targeting foreclosure prevention, including: education about options available through lenders; alternative repayment plans on delinquent mortgages; negotiation for changes that can be made to the terms of loans; and other alternatives for which homeowners may be eligible. In addition to its foreclosure prevention (pre-foreclosure) initiatives, the CCFRC also has foreclosure intervention (post-foreclosure) programming, including a delinquent mortgage payment plan and a neighborhood recovery program focused on rehabilitating foreclosed homes and getting them back on the market.
JWA was instrumental in raising awareness of and participation in the foreclosure prevention and intervention efforts of the CCFRC, through community workshops and educational events, direct mailings to those residents entering foreclosure, news releases and features on agency and program milestones, advertising in local media, as well as the construction of a Web site and hotline for public access to all programming information of the CCFRC.
Since founding the CCFRC in October of 2008, and promoting its programs and services with the help of JWA, the HACC and CCFRC have noted that the number of homeowners seeking financial and foreclosure assistance from their partnering counseling agencies has increased, as it appears the ultimate goal of reducing the number of foreclosures in the community will be achieved.