APRIL 2018
KeepYour HomeCalifornia | Newsletter

Valuable Information on the Keep Your Home California Website     

Keep Your Home California strives to post as much information as possible on the website, in order to make sure potential applicants can make informed decisions. There are a lot of great resources available on the website, including some that people may not know about.

Among the most visited webpages on the Keep Your Home California website are pages you would expect: the Homepage, Programs, Income Limits, Participating Servicers, and Success Stories, to name a few.

Below are three pages that fall outside the "top ten" most viewed  pages on the Keep Your Home California website, with a brief description of the information that is available on each.
  • Meet With A Counselor - This page lists all of the HUD approved housing counseling agencies who have certified Keep Your Home California counselors available to help homeowners apply for assistance in-person. There is a drop down menu, so visitors can select the county in which they live, in order to see which agencies provide service in their area.
  • Reports and Statistics - The program's results are chronicled on this page with an interactive map of assistance provided in all California counties, a funding usage chart, and other graphs. Each quarter, Keep Your Home California submits a "Quarterly Performance Report" to US Treasury, the federal agency that oversees the Hardest Hit Fund program, and all of those quarterly reports are also posted on this webpage.
  • Helpful Links - Among the list of resources on this webpage are other government programs that may provide assistance to homeowners facing financial hardships, entities where you can report fraud, and informational guides to help homeowners understand their options.

Fair Housing Month and 50 Years of the Fair Housing Act   

April is Fair Housing Month. On April 11, 2018, the U.S. Department of Housing and Urban Development (HUD) celebrated the 50th anniversary of the Fair Housing Act. Below are some excerpts from HUD's announcement.

"HUD Secretary Ben Carson said that a half a century later, the Fair Housing Act remains a centerpiece of the work HUD is doing to ensure fair, inclusive housing, free from discrimination for all Americans.

'It was a seminal moment in our country's history when the ideals of equality and fairness were embodied in a law that continues to shape our communities and our neighborhoods 50 years later. But the promises of the Fair Housing Act require our constant vigilance to confront housing discrimination in all its forms and to advance fairness on behalf of those seeking their American dream.'

Co-sponsored by Senators Edward Brooke and Walter Mondale, the Fair Housing Act sought to end residential segregation and ensure all Americans had access to safe and decent housing.  The Act originally prohibited discrimination in the sale, rental and financing of housing based on color, race, national origin and religion. Later, the Act was amended to prohibit discrimination based on sex, disability and familial status."

Read more 
Funding
(as of April 26, 2018)

Programs
  
Homeowners Assisted
Total Amount Distributed
Unemployment Mortgage Assistance
  51,352           
$946,893,012.80
Principal Reduction Program
  13,073            
$810,352,451.46
Mortgage Reinstatement Assistance Program
  14,541           
$225,163,129.49
Reverse Mortgage Assistance Pilot Program
     782
$10,059,863.84
Transition Assistance Program
    1,083           
$3,852,994.94
Total Program
Funds Allocated
           80,831            
$1,996,321,452.53
Recent Blog Post:

Refinancing the mortgage, selling a home are possible after receiving assistance from Keep Your Home California
California's economy, jobs and housing markets have improved in recent years, allowing one-time down-on-their-luck homeowners to consider their options - and even look at new opportunities.

Perhaps a better-paying job in another city is calling, or that cozy two-bedroom cottage perfect for two has become cramped for a family of four? Or maybe that one-time crater-filled credit report has become rock-solid, and you're looking to refinance at a lower interest rate - and save some money every month?

But if you are one of the more than 80,000 homeowners who have received assistance from Keep Your Home California, you may also be concerned that your previous participation in the program will hold you back from some of the options listed above. After all, part of the stipulations in order for you to qualify for Keep Your Home California assistance is that you stay in your home for a specified amount of time.

Keep Your Home California applauds the efforts assistance recipients make to get back on their feet and move forward with their lives. Homeowners who previously qualified for assistance have some options because the state-managed program was always meant to be a helping hand, not handcuffs.

Payoffs and subordinations are possible with Keep Your Home California.

Read More
Success Story: Renee B .
'You don't want to worry about a roof over your head'

Renee B. has moved three times during the past 17 years, but never more than several hundred feet each time. In fact, she has kept her primary address and remained living in the same block - and building.

Why move when everything is right outside your door? A grocery store is across the street and cafes and restaurants are around the corner. A movie theater is a few blocks away and the ocean is nearby.

Renee moved into the hotel-turned-condo building in 2000. After renting two apartments in the historic structure, she decided to buy a unit in 2006.

"I love where I live," she says. "I've always liked living downtown."

Read More
Monthly Question & Answer
Q: Can I fax the signed Promissory Note and Deed of Trust?
A:  No, faxed documents are not eligible for benefit consideration. You are required to provide Keep Your Home California with original signed copies of your Promissory Note and Deed of Trust as instructed.
  
Water Saving Tips


Keep restroom fixtures in good repair and fix leaks promptly.


For more tips on what you can do to save water, please visit the Save Our Water website.
To see all Servicer Scorecards, please visit the Participating Servicers webpage.
April 28, 2018
9:00am - 12:00pm
Free Housing Resource Fair
Irvine, CA
May 8, 2018
10:00am - 3:00pm
Senior Rally Day
Sacramento, CA
May 9, 2018
3:00pm - 6:00pm
North Bay Job Fair
Rohnert Park, CA
May 12, 2018
8:30am - 4:30pm
Homebuyer Workshop
Oxnard, CA
May 19, 2018
8:30am - 5:30pm
Homebuyer Education Workshop
Ventura, CA
May 19, 2018
8:00am - 4:30pm
Homebuyer Education Workshop
Los Angeles, CA
May 19, 2018
9:00am - 2:00pm
Changing the Narrative of Homeownership
Richmond, CA
May 19, 2018
8:30am - 4:30pm
Homebuyer Workshop
Oxnard, CA
May 23, 2018
5:00pm - 6:30pm
Home Retention Clinic
Los Angeles, CA
June 2, 2018
11:00am - 3:00pm
SF Housing Expo
San Francisco, CA



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www.KeepYourHomeCalifornia.org - 888.954.KEEP(5337)