The City shall continue to support foreclosure prevention by partnering with non-profit organizations that provide foreclosure prevention services. The City shall continue to provide information about foreclosure prevention resources in the housing programs section of the City’s website, including information about the programs available for refinancing at-risk loans, and contact information for legal services agencies and HUD-approved counseling organizations in the area. The City shall mail foreclosure prevention materials to local residents who receive notices of default and notices of trustee sale, and shall organize foreclosure-prevention seminars for Hayward residents at risk of losing their homes.
Major foreclosure prevention events and activities have been discontinued due to a significant decline in the rate of foreclosures and an uptick in the local real estate sector. The City used CARES Act Community Development Grant funds to provide foreclosure prevention counseling and education in response to COVID-19.