In this video, St. Louis County Executive Charlie Dooley encourages those facing financial hardship or anyone who fears losing their home to seek assistance. Tax-payer funded, HUD-certified housing counselors offer services at no charge, and can assist someone facing foreclosure with discussing options with their lender. For information or to connect to resources, call the [...]
Continue reading...Friday, September 4, 2009
The Missouri Housing Development Commission announced last Friday that it is launching a new program to combat foreclosures across the state. The $3 million program is aimed at the 25% of Missouri homeowners who owe more than their home is worth. The St. Louis Post Dispatch reports that the new initiative will offer up to [...]
Continue reading...Monday, July 27, 2009
Now more than ever, companies are recruiting employees using the internet. Throughout the months of July and August, the United Way’s Partnership for the New Workforce is sponsoring free computer classes. Each three hour, hands-on seminar is focused on helping participants learn the skills needed for finding jobs online. These skills include creating an online [...]
Continue reading...Thursday, July 2, 2009
Senator Claire McCaskill, D-MO, spoke Monday at a hearing of the Senate Special Committee on Aging held at the OCHS Senior Center in University City. The St. Louis Beacon reports that her focus at the hearing centered around reverse mortgages. A reverse mortgage allows seniors (aged 62 or older) to receive income by using a [...]
Continue reading...Tuesday, June 23, 2009
A new wave of foreclosures is affecting areas of the country not previously hard-hit by the mortgage crisis. USA Today reports that these foreclosures are different from the foreclosures at the beginning of the mortgage crisis in 2007. Instead of being caused by risky subprime lending, the recent increase in foreclosures is due to rising [...]
Continue reading...Thursday, June 11, 2009
NPR’s All Things Considered recently reported on the Making Home Affordable initiative signed into law by President Obama in March. Though the plan promises to help 4-5 million homeowners, so far it has successfully modified only 17,000 mortgages. For many Americans, applying for help through the initiative has turned out to be a confusing and [...]
Continue reading...Thursday, May 28, 2009
Today the focus of KWMU’s St. Louis on the Air was financial literacy. Host Don Marsh was joined by three guests all working within the St. Louis community to increase financial literacy—Suzanne Gellman, Consumer Economics Specialist at University of Missouri Extension; Cassandra Kaufman, Director of Community Investment at the United Way of Greater St. Louis; [...]
Continue reading...Wednesday, April 22, 2009
Yesterday the St. Louis Post-Dispatch published an article about the effect of the mortgage crisis on renters–if a rental property is foreclosed on, even renters who pay their rent on time every month can find themselves out on the streets with little to no warning. The article mentioned a few bills in the House and the Senate [...]
Continue reading...Monday, March 23, 2009
Last week the St. Louis Business Journal announced that the United Way of Greater St. Louis’s 2-1-1 helpline will be getting $238,000 in federal funding. Throughout our work on Facing the Financial Crisis, United Way has been a valuable partner—their 2-1-1 referral service has connected many people to trusted resources. We’ll keep you updated as [...]
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Monday, January 25, 2010
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