CIBS Asset Building Network FREE Homeowners Resource Expo

Medgar Evers College, Brooklyn
Saturday, June, 27, 2009 – 10:00 AM

Disseminating Facts about President Obama’s
‘Make Your Home Affordable Program’ … and More


EVENT: Brooklyn, NY—On Saturday, June 27 beginning at 10:00 AM, the Coalition for the Improvement of Bedford-Stuyvesant (CIBS) will hold a FREE Homeowners Resource Expo at Medgar Evers College located at 1650 Bedford Avenue in Brooklyn, NY. The Expo will highlight the collaborative efforts of Bedford-Stuyvesant organizations assisting local residents to gain the financial tools and services needed to deal with heavy debt burdens including mortgage foreclosure. The symposium will place a special emphasis on the Obama Administration’s ‘Make Your Home Affordable Program’.

Ann Tripp, WBLS on Air Journalist, will moderate the Resource Expo. Elected officials who will be in attendance are Assemblywoman Annette Robinson, Councilman Albert Vann and additional representatives from state and city government.

WHERE: The Expo will be held at Medgar Evers College located at 1650 Bedford Avenue

WHEN: The Expo will be held on Saturday, June 27th from 10:00 am to 4:00 pm

WHY: In this economic climate, many homeowners are now facing foreclosures or have fallen deeply behind on their mortgage. Unfortunately, these same owners also fallen prey to predatory lenders, who offer loans with interest rates so high that they are almost impossible to pay. In addition, some unscrupulous individuals offer to “help” homeowners with financial problems by offering to buy the deed to their home. Owners should immediately BEWARE OF SUCH OFFERS!

There are better and more affordable means of assistance for homeowners. Non-profit member organizations of the CIBS Asset Building Network provide services for free or low-cost. The Homeowner Resource Expo will have on hand mortgage lenders, foreclosure intervention counselors, and legal representatives to discuss with homeowners, in private, one-on-one work out sessions, available options including loan incentives provided by the Obama Administration’s ‘Make Your Home Affordable Program’.

WHO: Councilmember Al Vann and CIBS Asset Building Network Members in Alphabetical order: Bedford-Stuyvesant Restoration Corporation, Brooklyn Federal Credit Union, Bridge Street Development, Pratt Area Community Council, Neighborhood Housing Services of Bedford-Stuyvesant, Long Life Info and Referral, and Bedford-Stuyvesant Legal Services. Other partners include: Medgar Evers College, Chase Bank and HSBC Bank.

For further information, call (718) 732-8027 or email Monserrate_Nunez@nhsnyc.org at Neighborhood Housing Services of Bedford-Stuyvesant, Inc.