Philadelphia
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Philly Mayor Throws Support Behind City-wide Foreclosure Prevention Program
Jan 04, 2007Philadelphia Mayor John F. Street will be among the participants supporting a new program designed to help Philadelphia homeowners avoid foreclosure. The Urban League of Philadelphia will be joining with The National Urban League and the Homeownership Preservation Foundation to kick off the new program, which will target African-American borrowers. The organizations said today that increased foreclosures in Philadelphia are now threatening gains made in homeownership during the past decade, and that African Americans are more likely to be at risk than other groups.