Brothers Redevelopment is pleased to announce that it has been awarded $400,000 from the Colorado Department of Law to combat housing instability in Colorado.
This funding will further support Brothers Redevelopment’s financial counseling services through its statewide housing helpline, Colorado Housing Connects (1-844-926-6632), by pairing financial coaching and counseling with existing programs that provide funds for rental and mortgage assistance.
Financial coaching empowers people to make smart decisions with money, overcome financial obstacles, and build a secure financial future. Customized to individual needs, financial counseling strategies are culturally sensitive, focused on outcomes and data, and administered by skilled professionals. In 2023 alone, Brothers Redevelopment provided financial counseling services to 196 Coloradans.
“We are honored to receive this funding and support from Attorney General Phil Weiser, the Colorado Office of Financial Empowerment, and the Colorado Department of Law. This funding will allow us to further our mission of providing essential support to individuals facing housing instability,” said Brothers Redevelopment President Jeff Martinez.
It’s not the first time that Brothers has teamed directly with the Colorado Attorney General’s Office to address the state’s most pressing housing challenges. During the foreclosure crisis of the early 2000s, the Attorney General’s Office served as a significant collaborator with the Brothers Redevelopment-managed Colorado Foreclosure Hotline — working together to resolve consumer complaints, identify predatory lenders and financial scammers. Brothers and the AG’s Office even teamed on an advertising campaign to encourage struggling homeowners to seek help.
As foreclosures have waned, Colorado Housing Connects has operated in partnership with the state through Brothers Redevelopment, offering a range of housing services to prevent evictions and foreclosures. Alongside financial counseling, Colorado Housing Connects provides vital eviction prevention services, ensuring immediate assistance. Additionally, for homeowners seeking guidance, Colorado Housing Connects offers HUD-approved housing counseling services to halt foreclosures.
Catering to a diverse range of inquiries, including renters, landlords, first-time homebuyers, older adults, individuals with disabilities, and those with fair housing concerns, Colorado Housing Connects logged over 47,700 contacts from Coloradans seeking housing assistance last year.
“This grant will supplement our efforts to empower neighbors statewide to achieve financial stability and secure housing,” said Colorado Housing Connects Director Patrick Noonan. “When families understand and control their finances, they unlock possibilities and reach new heights.”
Since 1981, Brothers Redevelopment has been a stalwart provider of financial counseling to Coloradans across the state. The agency’s financial counseling and coaching services offer personalized plans to navigate financial crises, develop strategies for self-resilience and stability, build credit, and identify resources for budget relief.
To learn more about Colorado Housing Connects or to submit an inquiry, visit coloradohousingconnects.org or call 1-844-926-6632.