Posts Tagged ‘Sussex County’

Sussex agency helps solve credit, mortgage woes

October 30, 2009
200910-dcrac

Shown at the grand opening are (l-r) Rony Peralta; Carlos Herrera, housing clinic director; Angus; Diana Bernal, credit clinic director; Rashmi Rangan, DCRAC executive director; and Jenna Fenstermacher, clinic coordinator-Public Ally.

DCRAC opens office in Georgetown

Title and payday loan officers and pawn shops in Sussex County – look out. Sussex County now has an office where Cape Region residents can learn to fix their credit, hold onto their homes and even dust off their resumes – all free of charge.

The Delaware Community Reinvestment Action Council Inc. (DCRAC) opened a Georgetown office on Tuesday, Oct. 27, in the Georgetown Professional Park – an appropriate location next to the county’ social security and unemployment offices.

Founded in 1987, DCRAC aims to educate and advocate for equal treatment of under served populations when it comes to obtaining credit. Largely based on outreach, the council helps people become responsible and educated consumers through educational seminars on budgeting, credit counseling and first home-buyer advice. With two offices in Kent and New Castle counties, DCRAC executive director Rashmi Rangan said, a Sussex County office was long overdue. Plus, all clinic directors speak both English and Spanish. Rangan said because of the demand in Sussex County – parts of which have some of the highest foreclosure rates in the state – DCRAC decided to set up shop. Foreclosures are now creeping east toward Rehoboth, Lewes and Bethany. Although the nonprofit agency is designed to help low-income residents, Rangan said she is seeing more and more eastern county residents who need DCRAC’s services.

“The landscape is changing. I never dreamed I would see people needing help holding onto their homes with $150,000 mortgages,” she said. On Monday, a tax clinic helps residents tidy up their income tax problems. On Tuesday, a credit clinic helps residents repair their credit and learn to budget. On Thursday, a housing clinic helps first-time homebuyers and those facing foreclosure.

“Today, a half a million dollar mortgage is not unheard of. We’re seeing these people face foreclosure. These are people we never considered for our traditional clients,” said Rangan. “I fear this economic climate is only going to get worse. Our services in Sussex County are needed more than ever,” she said.

For more information, call 1-877-825-0750, or visit: dcrac.org.

Sussex lawmakers show no support for new racino

April 27, 2009

DOWNSTATE legislators at a Monday, April 27, press conference, spoke out against a proposed Millsboro racino.

Rep. Biff Lee, R-Laurel, and House Minority Whip Danny Short, R-Seaford, say they oppose any new racinos in Delaware. As legislature reconvenes Tuesday, April 28, they also say all bets are off for a proposed casino and family resort in Millsboro: Del Pointe Resort & Racino.

Lee, who voted against releasing the measure from the House Gaming & Parimutuel Committee, said if Del Pointe developers want to put in a racetrack that’s fine, but he said there’s not enough slot players in the state to merit building another gambling venue. He also said he voted against a substitute measure for expanded gambling because “there’s too much stuff in that bill.” He said a simple sports-betting bill would easily pass in the House.

As for the jobs the Del Pointe project might bring, Lee said, “If it runs some places out of business what good is it?”

He said legislators in Maryland are also struggling with whether to allow slots.
Short said the proposed resort and expanded gambling bill are both dead in the water.

“At this point, Del Pointe is being put off. I need to know economically what the financial impact is going to be compared to the rest of the gaming industry,” said Short.

Short favors a study to determine if demand would support another racino. “I think it’s good business to have the impact study. You can’t make these decisions in a vacuum,” he said.