Call To Action Issued To Focus On A Unified Response To The Crisis
November 5, 2010 – (RealEstateRama) — The city of Las Vegas is hosting a Foreclosure Prevention Summit on Friday, Nov. 12, from 8:30 to 11 a.m. at the Historic Fifth Street School at 401 S. Fourth St. Nevada leads the nation in foreclosures. Responding to the crisis is seen as a crucial step in getting the state back on track economically.
Elected officials from the area are encouraged to take part in this important discussion and help formulate recommendations.
“Nevada’s leaders need to come together to take action and help bring relief and recovery that works for our state,” said Ward 6 City Councilman Steven D. Ross. “We must decide on an approach that is best during this shifting crisis.” Councilman Ross’ ward has been hit hard with foreclosures.
Current facts on the evolving crisis in the state will be laid out by an expert perspective panel including: Jeremy Aguero, Principal Analyst, Applied Analysis; John Restrepo, Principal, Restrepo Consulting Group, LLC; Rick Shelton, President, Greater Las Vegas Association of Realtors; Vicky L. Henry, Operations Specialist, Department of Housing and Urban Development (HUD); and Michele Johnson, CEO, Consumer Credit Counseling Services of Southern Nevada.
Bank representatives will outline current assistance programs and their future plans to help distressed homeowners, during a financial institution panel discussion. A focus roundtable with Nevada’s leaders will follow, to jump-start the framework on a strategy for relief and recovery that will work for the state.
The city has been working for some time to address the foreclosure crisis through a number of programs aimed at proving relief to residents. Visit www.lasvegasnevada.gov to get information on city programs or www.StopNVForeclosures.org to get the facts on foreclosure.
Contact:
Mary Ann Price
Telephone: 229-5278
