Safeguard Properties, a Cleveland-based field services company, and its CEO Robert Klein were recognized at a special reception for their efforts to combat the foreclosure epidemic with a $150,000 grant ($50,000 per year for three years) to Cuyahoga County's Foreclosure Prevention Program.
The reception was attended by County Treasurer Jim Rokakis, program staff, representatives of nonprofit counseling agencies and area business leaders.
‘We are grateful for Safeguard's commitment to the region and for their understanding of the critical role foreclosure prevention plays in protecting our neighborhoods and communities,’ Rokakis stated during the event. ‘This grant comes at an important time for all of us and will go a long way towards helping to protect at-risk homeowners from foreclosure.’
With many experts predicting that the brutal impacts of the mortgage meltdown will continue for several years, the additional funding is a welcome boost to the program that has played a critical role in helping to combat the tide of impending foreclosures, Safeguard Properties says. Since its inception, the program, in partnership with United Way's First Call for Help hotline, has assisted nearly 10,000 homeowners and directly prevented over 2,100 foreclosures.
Source: Safeguard Properties