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Unemployed Homeowners Can Get Help To Pay Mortgages

Last updated on Friday, October 21, 2011

(INDIANAPOLIS)(AP) -There’s more help for unemployed Indiana homeowners to pay their mortgages.

The Indiana Foreclosure Prevention Network says it has received $221 million from the federal government to help low-to-moderate-income homeowners who've lost their jobs pay their mortgages.

Homeowners can receive up to $18,000, depending on where they live.
Applicants must own only one home and currently reside there, must have received unemployment benefits within the past year, and must agree to participate in approved training, education or volunteer service work.

The Foreclosure Prevention Network says about 13,000 Indiana households will receive an average of $700 per month for about 16 months.

Interested homeowners should visit www.877GetHope.org or call 1-877-Get-Hope for more information.

The Indiana Foreclosure Prevention Network is a partnership of several agencies across the state.

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