Thursday, March 18th, 2010

The Buisness Beat: Grace Ross

Grace Ross, one of the organizers of the newly formed Massachusetts Alliance Against Foreclosure. We'll talk about putting an end to predatory and illegally discriminatory lending practices
The Mass. Alliance Against Predatory Lending is a newly formed coalition of over 30 community organizations, housing counseling agencies, legal services groups and others who have come together to work on the sub-prime foreclosure crisis in Massachusetts. The Alliance will focus its work on the following areas:
* Legislative initiatives, including, judicial foreclosure; just cause eviction post-foreclosure; a foreclosure moratorium; and other pre- and post-foreclosure protections for tenants and homeowners.
* Organizing to prevent eviction of tenants and resident homeowners who are paying their rents in foreclosed properties.
* Providing education to homeowners and tenants regarding their rights, as well as educating the general public education regarding the predatory and discriminatory practices of lenders and financial institutions.
* Working to ensure that foreclosed properties can be acquired as affordable housing by non-profits and other entities.