Virginia Foreclosure Prevention Task Force

In November 2007, the Virginia Foreclosure Prevention Task Force was created to monitor the emerging problem in Virginia and recommend and oversee actions to prevent foreclosures and mitigate their impact on local communities. The Task Force’s work was divided into three workgroups:

• Foreclosure Impact-chaired by Bill Shelton, Director of the Virginia Department of Housing and Community Development (DHCD), and responsible for monitoring foreclosure activity and determining approaches to mitigate the impact on local communities.
• Education & Outreach-chaired by Susan Dewey, Executive Director of the Virginia Housing Development Authority (VHDA), and responsible for recommending outreach, counseling and education programs focused on foreclosure prevention.
• Regulatory Reform-chaired by Jay DeBoer, Director of the Virginia Department of Professional and Occupational Regulation (DPOR), and responsible for reviewing existing Virginia laws and regulations and recommending appropriate revisions, including legislative actions if needed.

Following are summaries of workgroup activities and accomplishments:

• Foreclosure Impact Workgroup--Summary of Activities, November 2009
• Education and Outreach Workgroup--Summary of Activities, November 2009
• Regulatory Reform Workgroup--Summary of Activities, November 2009