The Boston Bar Foundation (BBF) – (RealEstateRama) — Existing-home sales are forecast to muster only a small gain in 2017 because of incre the charitable affiliate of the Boston Bar Association – announced today that it will provide $380,000 in grants to eight community organizations that work to provide legal services to those in need. The funding – which was distributed to the BBF from the Massachusetts Interest on Lawyers Trust Accounts (IOLTA) – stems from Bank of America’s (BOA) 2014 settlement for the bank’s involvement in residential mortgage-backed securities and other unlawful conduct that contributed to the housing/financial crisis.
The grantee organizations administer legal aid to the most vulnerable and underprivileged members of the population, such as the homeless, domestic violence survivors, at-risk children and veterans. The funding will specifically be used by the grantees for foreclosure prevention legal assistance and community redevelopment assistance.
“These organizations are true champions for access to justice,” said BBF President Anthony Froio, managing partner of Robins Kaplan. “I’m pleased and proud that the Boston Bar Foundation is able to use these settlement funds to help people in our Commonwealth who are in dire need of legal assistance to keep their homes.”
The grant recipients are:
• Children’s Law Center of Massachusetts
• City Life/Vida Urbana
• Community Legal Services and Counseling Center
• Greater Boston Legal Services
• Housing Families
• Massachusetts Law Reform Institute
• National Consumer Law Center
• Veterans Legal Services
The Boston Bar Association traces its origins to meetings convened by John Adams, who provided pro bono representation to the British soldiers prosecuted for the Boston Massacre and went on to become the nation’s second president. Its mission is to advance the highest standards of excellence for the legal profession, facilitate access to justice, serve the community at large and promote diversity and inclusion.
Contact: Kerry Crisley