Legal Aid of North Carolina gets grant money to continue foreclosure prevention efforts

Foundation has renewed a $450,000 grant to Legal Aid of North Carolina for its Home Defense Project

Z. Smith Reynolds is based in Winston-Salem and funds projects across North Carolina, with a focus on community economic development, civic engagement, the environment, education and social justice.

Legal Aid’s Home Defense Project uses negotiation such as loan modification, litigation and education to help prevent home foreclosures, the Legal Aid organization said in its announcement. The program is a collaboration of seven nonprofits and has saved thousands of homes from foreclosure in the past three years.

Foreclosures are expected to exceed 50,000 in the state in 2010, said Hazel Mack, the project director and senior attorney for Legal Aid.

“The grant is recognition that creative legal strategies are essential if working families are to be kept from homelessness and if we are to stabilize our neighborhoods and our communities throughout the state in the wake of this crisis,” Mack said.
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Source: http://triad.bizjournals.com/triad/stories/2010/01/04/daily60.html

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