Our initiative is to establish a concert tour throughout the states that have been most drastically affected by foreclosure. The concerts will be presented throughout the country and proceeds from each will go back to their respective communities. We will recruit corporate sponsors and headline bands to join and make a difference in this time of need.
The proceeds from our efforts will go toward mortgage payments, refinancing costs, and financial education. Additionally, a portion of the proceeds will go toward food banks within these respective cities.
Word is getting out! The American Foreclosure and Mortgage Relief Foundation is making a difference in the current mortgage crisis in America. The first concert event, which happened on April 24, 2010 and raised money for a Foreclosure Prevention Workshop in Springfield Illinois that following weekend, was featured on a prominent Chicago Real Estate Blog.
The concert was a sell-out and the Foreclosure Prevention Workshops were well attended. The entire weekend was a huge success. According to Roberta Hahn, the Foundation’s CEO and the one who started the entire program, there were over 650 people in the small venue and as a result of the concert’s success, two sessions of the first Foreclosure Prevention Workshop were held at the Illinois Association of Realtor’s building in Springfield, Illinois. The workshop helped struggling local families in need of mortgage relief.
Along with ticket sales and venue revenue from concessions, the event featured a silent auction along with traditional sponsorships. The lead sponsor, the National Association of Realtor’s, donated $100,000 to help put on the events.