Summary of Foreclosure Prevention Response Program Success
NAR introduced the Foreclosure Prevention and Response (FPR) Program to aid REALTORS®, their clients, and the nation's communities in facing the challenges of the market on March 1, 2009, as a part of the former Right Tools, Right Now program. Through this program, NAR provided $3 million in grants to state and local REALTOR® associations to help them develop coordinated plans of action to prevent foreclosures and respond to their adverse affects. The program expired as scheduled at the end of 2010.
In addition to providing grants, the program also created an online toolkit, which contained information about educational opportunities and resources, government and private grant programs, community outreach programs, and best practices related to foreclosure prevention and response.