Idahoans who were forced to move because of foreclosure may be able to recoup money lost in the foreclosure process, but only if they apply before June 30.
The Idaho Attorney Generals Office received about $100,000 as part of the $26 billion national mortgage settlement from the five largest national lenders. That money is earmarked for the Community Action Partnership Association of Idaho to dispense to Idaho home owners displaced by foreclosure in 2008 or later.
Eligible applicants can receive money to cover moving costs, rental application fees, credit check fees, rent for the first and last month, security deposits, utility startup fees and storage fees. Christina Zamora, CAPAI executive director, said her office has only distributed about $5,000 because few people have applied.
Unfortunately, the agency has really been challenged finding families that qualify, Zamora said.
Eligibility for the grant money is based on income. Applicants can be former home owners or renters who were forced to move because of foreclosure.
Attorney General Lawrence Wasden urged former home owners to apply before the grant money expires June 30.
I encourage eligible Idahoans to Contact CAPAI immediately to take advantage of this limited opportunity, Wasden said.
Though the original settlement listed specific lenders, eligibility for the CAPAI grant money is not lender specific.
Contact CAPAI at 375-7382 extension 14 or at idahocommunityaction.org.