Arlington Community Trabajando Receives Homecorps Crisis Response Innovation Grant
Lawrence, MA – Arlington Community Trabajando (ACT) announced that Massachusetts Attorney General Martha Coakley awarded a Homecorps Crisis Response Innovation Grant. The grant program is the result of a nationwide settlement involving the nation’s five largest mortgage servicers and connection with predatory and unlawful foreclosures and servicing practices targeting low and moderate-income residents. The Crisis Response Innovation Grant is designed to assist Massachusetts’s homeowners and renters impacted by the foreclosure crisis and to mitigate the impact on their communities. The program also provides safeguards against future predatory lending practices like those that contributed to the real estate collapse in 2008.
In making the announcement, Ana Luna, ACT’s Executive Director, said, “this funding allows us to provide support to those at risk of foreclosure, arming them with action plans to become savvy homeowners and avoid foreclosure. Secondly, we will provide workshops and counseling to anyone looking to buy their first home. Finally, the grant will also assist ACT in rehabilitating 4 housing units in the neighborhood and funding will help us double the number of clients we serve with financial counseling, loan modification assistance and homebuyer education classes. Needless to say, this grant will be a very effective tool to serve our neighbors.”
Recently ACT announced a joint venture with Charles Home Companies, LLC to acquire and develop four units of affordable housing on two vacant lots along Park and Trenton Streets. ACT is managing an affordable housing lottery to identify qualified applicants for the units.
Arlington Community Trabajando (ACT is a community development corporation founded in 1996 in the aftermath of the Malden Mills fire and is dedicated to revitalizing the neighborhood. The neighborhood is an 11-block area in the north section of Lawrence and has the highest concentration of residents living in poverty in the city. It is the home to approximately 11,000 people with a Latinos estimated at 84% of the population. Over the years, ACT has assisted over 900 families.