HEMPSTEAD - Some programs that help struggling homeowners fight foreclosure are now facing their own financial troubles.
Jeffery Margolis, of the Hempstead-based Community Housing Innovations, an organization that provides foreclosure prevention services, says agencies like the one he manages are under tremendous strain after cuts to state aid.
He says his organization relies on that money, and the cuts couldn't come at a worse time.
Recent foreclosure numbers released by the group RealtyTrac show that in July alone, 394 homes in Nassau and 379 in Suffolk entered foreclosure.
Margolis says it's important that his organization stays open and is available to homeowners who may need assistance filling out paperwork and dealing with the banks.
He says he is now seeking private funding so they could continue to help struggling homeowners.
Community Housing Innovations U.S. Dept. of Housing and Urban Development