The Real Deal Miami

Florida receives federal foreclosure money

December 09, 2008 03:13PM

Florida has received $11.5 million in foreclosure assistance funds
through the Housing and Economic Recovery Act, which Congress approved
in July. Governor Charlie Crist said in a statement that the grant
money will go toward foreclosure prevention counseling and legal
assistance. There are currently about 77 foreclosure counseling
agencies and organizations in Florida. The state previously received
about $1.3 million toward foreclosure prevention in March.