S.T.A.N.D
is a community wide solution that provides loss mitigation counseling,
foreclosure prevention assistance, Save the Dream classes, financial
literacy, budgeting, credit repair/counseling and homeownership classes.
This is a proactive approach that includes a collaboration of several
community-based organizations, faith-based groups, businesses, public
officials and community development corporations (CDCs). Our objective
is to aggressively attack the growing number of foreclosures impacting
our city and our neighborhoods. MNP will pilot this project in collaboration
with NorthStar Community
MNP will pilot
this project in collaboration with NorthStar Community Development Corporation
by opening a Housing Service Center to serve residents in the following
zip codes 48203, 48221 and 48238. These zip codes cover the University
Districts, Palmer Woods, Green Acres, Sherwood Forest, the Golf Course
District, Bagley Community, University Commons, Pilgrim Village, Martin
Park and Fitzgerald communities. Included in these communities are two
academic institutions: University of Detroit Mercy and Marygrove College.
MNP will place
full time certified MSHDA counselors on location in these communities
to provide one-on-one counseling, conduct several community informational
forums and foreclosure prevention and homeownership classes. Our goal
is to reach every homeowner and provide them with the tools needed to
prevent foreclosure and mortgage delinquencies. It is our long-term goal
to open Housing Service Centers throughout through out the Detroit area.
S.T.A.N.D.
will recruit area residents to serve as Homeownership Advocates and to
appear at public events in the neighborhood, including block club meetings,
churches, community events and university gatherings. Additionally, S.T.A.N.D.
This initiative
includes three phases:
Phase
One: Foreclosure, Loss mitigation and Save the Dream (state program)
Phase
Two: Homeownership, rebuilding and repopulating the community
Phase
Three: Families Services building a community that create and sustains thriving
families.
