Real Estate

Obama administration launches housing PSA

The latest attempt by the Obama administration to deal with housing was launched in the form of a public service announcement aimed at struggling homeowners, Politico reported.

The ad focuses on the administration’s initiative named the Making Home Affordable Program that lets homeowners lower their monthly payments, sidestep foreclosure or even pause their mortgage payments.

“While communities across the country are beginning to recover from an unprecedented housing crisis, too many families are still struggling with their mortgage payments and are unsure of where to turn for help,” said Treasury undersecretary for domestic finance Mary Miller in a statement. “Millions of homeowners have gotten help to avoid foreclosure since 2009. We want to make sure struggling homeowners know today that there are free government resources available to help homeowners avoid foreclosure.”

Watch the PSA below or by clicking here.


3d rendering of a row of luxury townhouses along a street

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