Governor David A. Paterson has announced a total of $4,175,500 in
grants as part of New York’s continuing efforts to address the subprime
mortgage crisis. $446,000 will be awarded to Greater Sheepshead Bay Development Corporation, which will
partner with Midwood Development Corporation and Legal Services NYC to
provide Southeastern Brooklyn homeowners with outreach, education,
counseling, mitigation, and mediation services. The organizations will
also hold foreclosure workshops and publish a newsletter for at-risk
homeowners. An additional $720,000 will be awarded to Brooklyn Housing and Family Services,
Inc., which will partner with Brooklyn Legal Services Corporation A (a program of Legal Services NYC) to
provide outreach, education, financial counseling, legal
representation, and court-based services to more than 1,000 households.