Homeowner Stability Project
Homeowner Stability Project
To get help from the Homeowner Stability Project, call 212.382.6766 or email HSP@nycbar.org.
The City Bar Justice Center’s Homeowner Stability Project provides legal assistance to low and moderate-income homeowners threatened with the loss of their home including foreclosure and predatory practices. Our goal is to keep people in their homes whenever possible. We recruit and train volunteer lawyers to negotiate workout arrangements with lenders, attend settlement conferences, litigate when necessary and correct title problems.
When the foreclosure crisis hit NYC in 2008, the City Bar Justice Center, together with the Federal Reserve Bank of New York, rose to the challenge by forming the Lawyers’ Foreclosure Intervention Network. With funding from IOLA, the New York State Attorney General and the Center for New York City Neighborhoods, LFIN expanded into the Homeowner Stability Project to not only address foreclosure but also other issues and trends as we encountered them.
The Homeowner Stability Project has trained over 500 volunteer attorneys since its inception and has assisted over 1,500 homeowners in various stages of foreclosure and other potential home loss. In helping to stabilize homeownership, the Project not only provides valuable services to individual homeowners but helps protect some of New York City’s most vulnerable neighborhoods from the economic fallout caused by the foreclosure crisis and the downside of gentrification.
Scott Kohanowski directs the Homeowner Stability Project and Sofia Colosimo is the project coordinator.
For additional information on free services to prevent foreclosure, call 311 and ask for the Center for New York City Neighborhoods, or visit http://www.cnycn.org.
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