Lowell Deeds

Today I participated in a press conference at Lowell City Hall that launched a new effort by the Lowell Foreclosure Prevention Task Force to assist those who are at risk of losing their homes to foreclosure. City Manager Lynch, Mayor Caulfield, Representatives Tom Golden and Kevin Murphy and Brian Martin from Congresswoman Tsongas’s office all participated as did Frank Carvalho from the Task Force, Hilary Marcus from Neighborworks America, Peter Milewski from Masshousing and Jim Cook of the Lowell Development and Financial Corp. The primary purpose of the press conference was to publicize the Homeowner’s Hope hotline, 1-888-995-HOPE. Anyone who is facing foreclosure should call that number and they will be connected with a local agency that will assist the homeowner in finding opportunities to refinance or, if they are already too far behind, to find ways to get out from under their debt burden and to find new living quarters. This foreclosure crisis is very complicated so simple solutions will not work. The city of Lowell seems to be responding to this crisis with an appropriate level of urgency and effort.