R.E.A.C.H Approved for $3 Million Dollar Line of Credit Through The Florida Community Loan Fund

“FCLF’s commitment to the community has been strong, and R.E.A.C.H. is thankful for the increase. It will allow R.E.A.C.H. to have more of a social and economic impact in local communities” Michael Roberts, Executive Director-R.E.A.C.H.

R.E.A.C.H. – or Real Estate Education and Community Housing – was founded in 2006 with a mission to inspire and motivate low to moderate income members of the community to reach for, and take, the necessary steps to achieve and sustain home ownership. The organization acquires foreclosed or donated properties and renovates them to offer for sale to low-income families. With financing and staff expertise from the Florida Community Loan Fund (FCLF), In 2017 R.E.A.C.H. rehabbed 24 properties. When renovation is completed on a home, chances are good that REACH will have worked with a family who is ready to purchase that home. As a HUD approved counseling agency, R.E.A.C.H. has assisted thousands of families over the last 4 years with homebuyer education and homeownership for hundreds.

With flexible financing from Florida Community Loan Fund and an increase to R.E.A.C.H.’s line of credit to $3 million, R.E.A.C.H. will continue to acquire homes, renovate them, and sell to qualified families. With this FCLF line of credit, R.E.A.C.H. anticipates it will rehab 30+ homes in 2018. These homes will be primarily in Palm Beach, Broward, and Miami-Dade Counties, reducing the inventory of blighted and abandoned properties in these South Florida Communities. To learn more about Florida Community Loan Fund, and how they impact social and economic change in Florida please visit http://www.fclf.org



Sponsored by FreddieMac, Co-sponsored by R.E.A.C.H.  and Mr. Cooper was held on November 4th at the Renaissance Charter School. The seminar was a great success as noted by the recent email from Tamela Hartsfield:

From: Hartsfield, Tamela [mailto:tamela_hartsfield@freddiemac.com]
Sent: Monday, November 06, 2017 11:17 AM
To: Michael Roberts (REACH 4 Healthy Kids) <mroberts@reach4healthykids.org>
Cc: Patricia Tracey (REACH 4 Housing) <ptracey@reach4housing.org>;
Keith Ahronheim (REACH 4 Housing) <kahronheim@reach4housing.org>;
Marisa Barker <marisa.barker@mrcooper.com>

Subject: RE: Royal Palm Event

Hello Team,

Thank you for inviting to the beautifully executed event to promote responsible home ownership!
I was very happy to participate and look forward to more events in the near future.
You are doing amazing work in your community and Freddie Mac would like to continue to support your efforts.

Have a fantastic week!


The 30th Annual 2 Day Affordable Housing Conference.

R.E.A.C.H. will be attending the 30th Annual Affordable Housing Conference at the Rosen Centre Hotel in Orlando, FL was held October 30-31, 2017.
R.E.A.C.H. will be represented by Patricia Tracey, CEO and Judith Brennison, Board Member. The two day event will feature numerous workshops
of vital interest to all those seeking to progress the cause of affordable housing. R.E.A.C.H. will gain knowledge in order to empower the local community.

If you have an interest in the conference a PDF file of the program can be opened: Conference-Program-Attendees-Copy-2017.

HARP has been EXTENDED again until December 31, 2018.

Did you purchase your home prior to May 1, 2009?
Are you currently experiencing a hardship with your first mortgage?
Have you seen a HARP Commercial but unsure if it applies to you?
Were you denied a HARP modification in the past?

You have questions and R.E.A.C.H. has your answers. In 2009, HARP allows borrowers with little to no equity to obtain assistance in refinancing their property. When you have little to no equity in your home, or “under water” it can be a long tedious task to attempt a refinance. However, if you have been current on their mortgage and have Fannie Mae or Freddie Mac loans – there is a solution that’s considered music to your ears. It’s called HARP. No, not the musical instrument, however once you hear the amazing things this program can do – it might as well be. HARP has also been extended several times and will now expire on December 31, 2018. Don’t miss out, reach out. We’re here to help.

The HARP program has helped over 3 million homeowners.

The following was taken directly from the HARP home page. “HARP—the Home Affordable Refinance Program—was created by the Federal Housing Finance Agency specifically to help homeowners who are current on their mortgage payments, but have little to no equity in their homes, refinance their mortgage – that is, they owe as much or more than their homes are currently worth – are eligible for a HARP refinance.

If you got your mortgage loan at a bank, credit union or mortgage company, it may be owned by Fannie Mae or Freddie Mac. If so, you could qualify for HARP refinancing and you could save thousands with a lower rate or other more favorable terms. No minimum credit score is required and closing costs can be bundled into the new loan so you don’t need much cash up front.”

HUD: June is National Healthy Homes Month

WASHINGTON – In an effort to help families keep their kids healthy and to reinforce the connection between a family’s health and their home, the U.S. Department of Housing and Urban Development (HUD) is kicking off the second annual National Healthy Homes Month. Throughout the month, the goal is to raise awareness for what makes a home healthy, and to strengthen coordination and collaboration between housing and health at the federal, state and local levels.

Launched by HUD’s Office of Lead Hazard Control and Healthy Homes (OLHCHH), National Healthy Homes Month 2017 will focus national attention on ways to keep people of all ages safe and healthy in their homes. To mark this month-long campaign, HUD Secretary Ben Carson, produced a video highlighting the direct link to a family’s health and their home.

HUD Secretary Ben Carson Video

This year’s theme, “Just What the Doctor Ordered,” highlights the vital role that pediatricians and the health community play in healthy homes education. Due to home-related health risks such as asthma and lead poisoning, some of the most serious health problems for children may start at home. Creating healthier housing promotes the healthy growth and development of kids.

“National Healthy Homes Month serves as an important educational call to action,” said Jon L. Gant, Director of HUD’s Office of Lead Hazard Control and Healthy Homes. “Providing families with the resources they need to keep their homes safe from potential health hazards such as lead-based paint and pests helps them to create the healthiest family and home possible.”

A healthy home is one that provides a safe and healthy environment and helps to prevent disease and injury.
Currently, millions of American homes have moderate to severe housing problems, including lead-based paint hazards; a dilapidated structure; roofing problems; heating, plumbing, and

electrical deficiencies; water leaks and intrusion; pests; damaged paint; and high radon gas levels. These conditions are associated with a wide range of health issues, including unintentional injuries and respiratory illnesses like radon-induced lung cancer.

Recently, HUD’s office of Lead Hazard Control and Healthy Homes developed a National Healthy Homes Month Planning Guide, which contains many resources and materials to assist with building awareness and implementation at the local level.

For more information about National Healthy Homes Month 2017, please visit HUD’s website to learn more about NHHM and how to participate and get updates on activities. Additionally, check out HUD’s Healthy Homes App to get tips on potentially serious health and safety problems in the home and the steps to take to protect your home and family. HUD’s Healthy Homes App is available via Apple iTunes and Google Play.



Florida Hardest Hit has been extended to 2020

FL_HardestHitWhen the Florida Hardest Hit was created, the Fund was originally designated to provide $7.6 billion in targeted aid to 18 states to help balance the matters that took place in 2007-2009 throughout major stated effected due to the housing market. The goal of the fund foreclosure prevention and neighborhood stabilization solutions. As of the third quarter of 2015, the Hardest Hit Fund has distributed approximately $4.5 billion of the program’s original $7.6 billion which assisted nearly a quarter of a million homeowners. Recent announcement will bring $1 billion into the Housing Finance Agencies including designating $77,896,538 to Florida homeowners. Homeowners who are delinquent on the first mortgage at the time they qualify for several programs including unemployment, underemployment, death and divorce. In addition up to $18,000 can be paid towards any past due payments. This assistance is crucial for some clients, and just the “reset” button they need to get back on track.  Allow up to be the gateway for your modification assistance.

REACH out -We’ll R.E.A.C.H. back!!

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