Seattle Residents Can Get $5,000 Loan to Pay Their Mortgage

In January 2008, the mayor of Seattle Greg Nickels started a new initiative to help Seattle families. Low-income families that are facing foreclosure can be eligible for a $5,000 loan. Seattle has $200,000 set aside for these special loans. The loan is combined with mortgage counseling from two local agencies: Urban League (www.urbanleague.org) and Solid Ground Mortgage Hotline (http://www.solid-ground.org/Pages/Default.aspx; 206-461-3200).