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Settlement funds to be used for utility bill assistance

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Indiana Attorney General Greg Zoeller announced Wednesday that funds from a multi-million dollar mortgage lending settlement will benefit low-income homeowners who need help with utility bills.  

House Bill 1141, signed by Gov. Mitch Daniels March 14, creates a fund for deposit of $28.8 million arising from a multistate settlement with five major mortgage lending banks. The banks – Ally, Bank of America, Citi, JPMorgan Chase and Wells Fargo – were found to have engaged in unacceptable mortgage-servicing practices and foreclosure abuses.

“Low-income homeowners who were most at-risk to be foreclosed upon are also the most likely to have difficulty paying electric and gas bills and face disconnection,” Zoeller said. “The mortgage lending institutions that preyed upon borrowers and engaged in illegal practices are paying millions of dollars in settlement money to Indiana, and the Legislature wisely channeled this flow of dollars into a fund where at-risk homeowners can be helped.”

Eligible homeowners already qualify for the federal Low Income Home Energy Assistance Block Grant program or LIHEAP. The program is operated through community action agencies with outreach offices in every county. In 2011, Indiana’s LIHEAP provided 197,809 households with an average benefit of $420 each for assistance with utilities

Under the compromise version of HB 1141 that passed, the amount of state energy assistance created through the settlement will match the amount of 7 percent sales tax that LIHEAP recipients pay on their energy bills through that federal program. The dollars the state provides will offset the taxable amount, boosting funds available for low-income homeowners. That means more homeowners will be eligible for energy assistance, and those who qualify might qualify for larger amounts than they would have previously. Zoeller said the Indiana Housing and Community Development Authority, administered by the Lieutenant Governor’s Office, will determine how the settlement funds will be distributed to help recipients.

 

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  1. Such things are no more elections than those in the late, unlamented Soviet Union.

  2. It appears the police and prosecutors are allowed to change the rules halfway through the game to suit themselves. I am surprised that the congress has not yet eliminated the right to a trial in cases involving any type of forensic evidence. That would suit their foolish law and order police state views. I say we eliminate the statute of limitations for crimes committed by members of congress and other government employees. Of course they would never do that. They are all corrupt cowards!!!

  3. Poor Judge Brown probably thought that by slavishly serving the godz of the age her violations of 18th century concepts like due process and the rule of law would be overlooked. Mayhaps she was merely a Judge ahead of her time?

  4. in a lawyer discipline case Judge Brown, now removed, was presiding over a hearing about a lawyer accused of the supposedly heinous ethical violation of saying the words "Illegal immigrant." (IN re Barker) http://www.in.gov/judiciary/files/order-discipline-2013-55S00-1008-DI-429.pdf .... I wonder if when we compare the egregious violations of due process by Judge Brown, to her chiding of another lawyer for politically incorrectness, if there are any conclusions to be drawn about what kind of person, what kind of judge, what kind of apparatchik, is busy implementing the agenda of political correctness and making off-limits legit advocacy about an adverse party in a suit whose illegal alien status is relevant? I am just asking the question, the reader can make own conclsuion. Oh wait-- did I use the wrong adjective-- let me rephrase that, um undocumented alien?

  5. of course the bigger questions of whether or not the people want to pay for ANY bussing is off limits, due to the Supreme Court protecting the people from DEMOCRACY. Several decades hence from desegregation and bussing plans and we STILL need to be taking all this taxpayer money to combat mostly-imagined "discrimination" in the most obviously failed social program of the postwar period.

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