Minnesota Foreclosure Partners Council
The Minnesota Foreclosure Partners Council facilitates a rapid, coordinated response to the mortgage foreclosure crisis affecting the Twin Cities metropolitan area. The council collaborates with numerous private and public partners.
The Council is:
- Acquiring, rehabilitating and disposing of foreclosed-upon properties
- Developing innovative financing products that serve a wide range of borrowers
- Funding and implementing policies that address foreclosure
- Taking action against predatory lending
- Collecting and analyzing data to provide information to community leaders and the public
- Providing foreclosure counseling
- Working to enhance educational campaigns
- Working with lenders to create new financing and refinancing options for homeowners in trouble
- Working to communicate and respond quickly to safety concerns regarding remediation
- Acquiring gap funding from Minnesota Housing to support foreclosure remediation
- Advocating for property donations so community based organizations can redevelop them quickly and affordably
SOURCE: City of Minneapolis
URL: http://www.ci.minneapolis.mn.us/cped/docs/mfpc_info.pdf
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