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New Jersey's Housing and Mortgage Finance Agency and the national non-profit NeighborWorks America have trained 30 counselors from 12 counseling agencies in preventing foreclosure and asset preservation as part of a statewide effort to help struggling homeowners.
Each agency, located throughout the state, will receive $80,000 from the HMFA's general funds for hiring staff for future training and other services. The effort is an initiative of the New Jersey Home Ownership Preservation Effort (HOPE), an alliance among the HMFA, the state's departments of Banking and Insurance and Community Affairs and several not-for-profit and financial organizations.
The northern agencies are NJ Citizen Action and Tri-City Peoples Corporation in Newark and Brand New Day in Elizabeth. For more information on NJ HOPE, call 800-446-7467 or njhope.nj.gov.
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