ATTORNEY GENERAL REALLOCATES $23 MILLION TO AFFORDABLE HOUSING FROM NATIONAL MORTGAGE SETTLEMENT FUNDS

DENVER – January 30, 2014 – (RealEstateRama) — Colorado Attorney General John Suthers announced today that he is reallocating $23 million from Colorado’s National Mortgage Settlement funds to affordable housing programs with special emphasis in funding affordable housing in areas hardest hit by the recent flood and wildfires. The money is part of the overall $51.17 million in custodial funds Colorado recovered from the National Mortgage Settlement.