Citi Awards $50,000 to Las Vegas Nonprofit Counseling Organization for Foreclosure Prevention Prog..

Citi’s Office of Homeownership Preservation today announced it has awarded the Neighborhood Housing Services of Southern Nevada $50,000 to support foreclosure prevention counseling services. As part of its Foreclosure Prevention Program, Citi’s Office of Homeownership Preservation is partnering with local nonprofit counseling organizations in 25 cities across the country to address foreclosure prevention through counseling and training programs. Grants totaling more than $1 million will help local organizations provide distressed borrowers with broad-based financial education and free, on-demand nonprofit counseling. The goal of these early intervention and education programs is to help reduce the number of foreclosures in cities across the country, including Las Vegas, and will help borrowers stay in their homes. “This is a... [read full story]