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Page Guests:
NANAY Receives Funding
for Loan Rescue Scam Outreach February 7, 2011 Miami, Florida - NANAY, Inc., a member organization of the Asian American Federation of Florida (AAFF), received a $10,000 grant from the National CAPACD (Coalition of Asian Pacific Americans for Community Development) for marketing and community outreach. NANAY will be assisting families at-risk of foreclosure and loan rescue scams, not only in Miami-Dade County but throughout the State of Florida, in partnership with the regional members of AAFF The funding is being provided as a result of the 111th United States Congress recognizing Florida as one of the top ten "hardest hit" areas in the nation for loan rescue scams.To combat this issue, Congress asked NeighborWorks? America to launch a national public education campaign. The campaign will empower homeowners to protect themselves against loan modification scams, find trusted help and report illegal activity to authorities.
Homeowners who are contacted or deceived by a scam artist are urged to report it immediately by calling 1-888-995-HOPE (4673) or visiting www.LoanScamAlert.org. Common scams include private attorneys and individuals "guaranteeing" homeowners they can stop the foreclosure process if the homeowner pays them upfront for their services. Once the payment is received the homeowner rarely, if ever, hears from the attorney or individual again. Individuals who have been victims of loan rescue scams or are at-risk of foreclosure may contact NANAY at 1-888-271-7155 or any Department of Housing and Urban Development certified foreclosure counseling agency in their area to receive free assistance.
ABOUT
NANAY and the Asian American Federation of Florida:
NANAY, Inc. (National Alliance
to Nurture the Aged and the Youth) is a
501(c)3 community-based organization that was established in 1994 to
promote the health, welfare and wellbeing of elders, youth and community
(www.nanay.com).
NANAY Community Economic Development Corporation
(NANAY-CEDC)
is a
non-profit affiliate of NANAY whose mission is to promote workforce and
provide community development programs, affordable housing, counseling
and education to low-moderate income families, minorities and
disadvantaged individuals, families and communities. The Asian
American Federation of Florida, is a non-profit
federation of Asian American
organizations in the State of Florida, established in 1984 to provide a
channel for communication and to promote civic, education, cultural and
social empowerment among Asian Americans in Florida. (www.asianamericanfederation.org)
ABOUT NANAY-CEDC and National CAPACD: NANAY Community Economic Development Corporation (NANAY-CEDC) , a HUD-approved counseling agency and organizational member of the National CAPACD Network, was established in 2004 as a 501(c)(3) affiliate of NANAY Inc. to promote affordable housing, community development programs and education for low to moderate income individuals and disadvantaged families. Its current programs include first time homebuyer education, housing counseling, financial literacy, loan mitigation and foreclosure intervention.
The National Coalition for Asian Pacific American Community Development (National CAPACD) was founded in 1999 as the first national organization dedicated to the housing and community development needs of Asian American and Pacific Islander (AAPI) populations. Established by community development practitioners, National CAPACD has built a network of over 100 organizations and individuals in 17 states that use innovative affordable housing, community development and organizing strategies to improve the well-being of low-income AAPIs.
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