Coastal Community Action Program Forgives Home Liens as State Scraps Program
ABERDEEN, Wash. – Community Action Program offices across Washington state are deciding what to do with millions of dollars in low-income home liens, after the State’s closure of the Minor Home Repair program.
Craig Dublanko, CEO of the Coastal Community Action Program, said they have somewhere between 15 to 20 liens that if settled now would send money to the state’s coffers, rather than CAP “We’re going to forgive the liens, you don’t have to pay the state back, you just have to pay the $150 conveyance fee. We’re just grateful that we can do that for people because we want to see people succeed.”
The program was originally operated in conjunction with CAP’s Weatherization Assistance Program, to prep houses that required more than simple weatherization to remain safe and livable.
Merritt Mount, Executive Director of the State’s CAP tells us each entity handled the loans differently, and some won’t need to do anything as theirs were amortized, set to disappear in 10 years of ownership. “So now it is up to the individual CAP. If houses they worked do come on the market, they have the choice of either having that loan repaid or forgiving it.”
Locally, Dublanko said the Coastal Community Action Program made the decision to forgive about 250-thousand in liens as long as homeowners can pay the $150 filing fee.