$51.5 M to help unemployed homeowners to stay in their homes

Moore worked to include funding in Wall Street Reform Bill

This week, U.S. Congresswoman Gwen Moore (DMilwaukee) announced that Wisconsin will receive more than $51.5 million to help keep unemployed homeowners in their homes.

This announcement comes on the heels of news that after months of decline, foreclosure rates in Southeastern Wisconsin rose last month.

Moore, a member of the House Financial Services Committee, worked to create this new program in recently enacted Wall Street reform legislation. The bill was signed into law last July and the Housing Department began distributing the funding this week.

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