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Attorney General Martha Coakley says HomeCorps program will help repair damaged caused by the foreclosure crisis

Uses funds from lenders settlement

By Megan Woolhouse

 |  Globe Staff  

  April 25, 2012

Massachusetts Attorney General Martha Coakley on Wednesday unveiled one of the first foreclosure-prevention programs in the nation that uses proceeds from a landmark settlement with five major US banks to help struggling homeowners. HomeCorps will offer counseling and grants worth $16 million to Massachusetts homeowners, and another $10 million in grants to individuals and communities combating blight caused by foreclosures. Coakley said many residents and neighborhoods continue to suffer from the aftershocks of the housing crisis.

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