Faith Heron in front of her house.

Here is a story of one of our clients: Faith Heron

When she came to PACC in April 2009, Faith had fallen behind six months with her mortgage payments. She had bought her home in Far Rockaway in 2005, without realizing that she had an adjustable rate mortgage. After expensive and much needed repairs to the plumbing system, her higher monthly mortgage payments of $2800 were impossible for her to manage. She faced losing her home and being on the street. PACC contacted her loan servicer and after lengthy negotiations, Faith was placed on a forbearance plan in December 2009. Her payment has been reduced from $2808 to $1627. Faith is now focused on working and saving her money to ensure she is able to keep her home. Faith says "The counselor at PACC was phenomenal, she was very reassuring and professional, and understood my situation perfectly. I could not have done this on my own. Thanks to PACC the process was expedited quickly and successfully and I don't feel like I am drowning anymore. Thanks Guys!! ".

Many other Brooklyn families are in dire straits and need help. In 2010, Brooklyn had the highest rate of foreclosures in the City and PACC's counselors intervened on behalf of over 189 homeowners who were facing foreclosure But it's not only Homeowners who are facing home loss - tenants too face losing their homes and PACC is helping many tenants in distressed multi-family housing.

As we face job loss, a staggering debt burden and a credit squeeze, those hardest hit are the very people that need help the most. With so many problems, it's easy to be overwhelmed but you can make a difference.

We ask you to make a generous donation to fund foreclosure intervention counseling and assistance for families in Central Brooklyn. With your support we will continue to intervene and prevent home loss, advocate for those of limited income and develop and preserve affordable housing in Central Brooklyn.