In 2014, Bank of America (BOA) and the Department of Justice came to a $16.65 billion settlement agreement whereby BOA agreed to resolve federal and state claims against BOA and its former and current subsidiaries, including Countrywide Financial Corporation and Merrill Lynch. As part of the settlement, BOA agreed to make donations to state-based Interest on Lawyers' Trust Account (IOLTA) organizations that provide funds to legal aid organizations, to be used for foreclosure prevention legal assistance and community redevelopment legal assistance. Funds were allocated to each state based upon the federal poverty census data and formula used by the Legal Services Corporation.
The Kansas Bar Foundation (KBF) has received $3,273,938.50 from the national settlement to be used for the sole purpose of providing funding to legal aid organizations in the State of Kansas to be used for foreclosure prevention legal assistance and community redevelopment legal assistance.
The KBF is now accepting grant proposals for 2017-18 CRHA year. Proposals are due on June 30 by 5pm.
Please send it to:
Kansas Bar Foundation, CRHA Grant Program
1200 SW Harrison St.
Topeka, KS 66612-1806
Note: Grant recipients will be notified of funding decisions in late Fall.
The KBF CRHA Grant Committee will review the grant proposals between July1-September 30. Funding decisions are announced in December. The KBF CRHA Grant Committee is comprised of five individuals selected by the KBF Board of Trustees.