work related report

Marina,

Here is a "report" that I sent to my co-workers on what activities I have worked on. Let me know your thoughts.

Thanks,

Board Meeting Notes for July 16^th.

 

Housing Mobility

 

Activities:

·         Extensive discussion with Network Partners to better understand the needs and challenges faced by homeowners and housing counselors when retaining a home is not an option.

·         Meetings with New York City Housing Preservation and Development (HPD) to explore subsidized housing options and referral criteria for Housing Mobility clients.

·         Real Estate Broker List updating process. For this purpose, the program has worked closely with a couple of real estate professionals  who voluntarily; had provided their expertise and advice in order to ensure that the application process draws a good number of real estate applicants who would like to be  part of our referral list. The invitation will be sent out soon and the vetting process will be conducted as soon as applications are being received.

Achievements:

CNYCN and HPD housing referral pilot program:

·         Recently, an agreement with HPD was reached in order run a pilot program for housing matching purposes within its portfolio.

·         This pilot will take into account where the client currently lives; proximity to work, family, and school; and other related concerns.

·         At this point, two clients have been referred to HPD and are being matched with appropriate housing.

·         A benefit from this initiative is that some requirements such: having a decent credit history, a main problem for those with foreclosure procedures on their credit report, may be waived in order to facilitate the approval process.

Housing Mobility marketing materials:

·         In order to promote the program among network partners and other stakeholders, a one page flyer for consumer engagement with relevant information about housing mobility and how the program might be able to help the client.

·         A more complete resource guide is also being developed in order to provide further details on rights and options, housing options and resources and how to access them.

Next Steps:

·         Reach out real estate agencies to talk about the Housing Mobility Program and explore ways to work together to refer clients over to us and vice versa.

·         Contact servicer’s liquidation department to find more on trends and challenges their clients are facing during the liquidation process. Also, to consider the option of working together to refer their approved short sale or deed in lieu’s applicants with our program.

·         Conduct additional research within our database and other sources, on reported liquidation approvals.  The purpose of this research is to know more about on where, and what homeowners are doing after their home is being sold, and how the program might engage this population during or after this process.