Despite reports that the U.S. economy is improving, the foreclosure rate is still rising. So is homelessness.
The latest data from RealtyTrac showed record foreclosures in the first quarter of 2010. 932,234 properties – one in every 138 American housing units – were hit with default notices, scheduled auctions or bank repossessions during the three months ending in March. This is a 16 percent increase from the same time period a year ago.
This month, through our online networks, we’re trying to raise at least $5,000 to support our efforts to prevent homelessness for renters whose homes are being foreclosed.
Please consider donating through the firstgiving widget to the right of your screen or through PayPal. And know that your donation makes a HUGE difference in the lives of people experiencing poverty & homelessness in America.