Filed underBusiness & Economy, Consumer News, Heard On, Local, News, Philadelphia, Politics, Watch + Listen
PHILADELPHIA (CBS) – Some area homeowners at risk of losing their homes rallied today at Philadelphia City Hall to try to stop what’s expected to be one of the city’s largest sheriff’s sales next month.
Story continues below…
“No sales April 5th!” they chanted outside City Hall, in an effort to stop the upcoming Philadelphia sheriff’s sale on April 5th of homes in foreclosure.
“I worked too long for my home just to give it up,” one woman told the crowd of about 60 people.
John Dodds, with the Philadelphia Unemployment Project, says the US Department of Housing and Urban Development has the money to help the unemployed pay their mortgages, but folks have not yet been able to apply for those funds.
“There’s 106 million dollars available for Pennsylvania,” Dodds says. “This program was supposed to take effect October 1st, and HUD has not even provided the guidelines yet. All the money has to be spent by September 30th, so HUD is almost seven months into a 12-month period to spend the money and it hasn’t put the guidelines out.”
Officials say the sheriff’s sale will go forward but they may consider delaying some of the foreclosure sales on a case-by-case basis.
Reported by Hadas Kuznits, KYW Newsradio 1060.