Call for 6-month pause on home foreclosures by mortgage companies
In Plain English
The city asks subprime mortgage lenders to voluntarily stop foreclosing on Richmond homes for 6 months. This formal request has no legal force but shows the city's position on protecting homeowners. If lenders agree, fewer Richmond residents face losing their homes to foreclosure.
Auto-generated summary. Source: official agenda documents.
Votes
Adopt Resolution No. 15-08
9 to 0
Related Items
Increase loan to $10.3 million for motel conversion to homeless housing
Feb 17, 2026
Increase loan to $10.3 million for Civic Center homeless housing project
Feb 17, 2026
Receive presentation on banning corporate ownership of residential properties
Aug 26, 2025
Meeting Minutes
Mar 17, 2026
Increase housing authority gutter replacement contract by $322,000 due to hidden damage
Mar 17, 2026
Pay $36,000 in overdue landscaping bills for emergency tree removal at public housing
Mar 3, 2026
Receive presentation on banning corporate purchases of residential properties
Feb 3, 2026
Authorize $500,000 contracts for on-call financial consulting services
Jan 6, 2026
Hire 13 financial consulting firms to analyze real estate deals and development projects
Jan 6, 2026
Increase 2 contracts for housing project oversight and wireless permit reviews
Sep 16, 2025