Serving the community since 1926
WEEK OF JANUARY 18, 2024
VOLUME 97 | ISSUE 7
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Denver Scholarship Foundation helps make college a reality
Colorado gave $2.3 million in federal pandemic aid to people in debt to their HOAs BY JESSE PAUL THE COLORADO SUN
give them that foundation to understand how to build their lives around it.” The Denver Scholarship Foundation aims to make college possible for all Denver Public Schools students, supporting them with tools and resources. It is known as the “financial aid experts in Denver,” said Diana Madriz, the foundation’s assistant director of college access. It “is a liaison between talent and resources and opportunities.”
Colorado has distributed more than $2.3 million in aid since November 2021 to people who are in debt to their homeowners associations through a mortgage assistance program funded by the federal government during the height of the COVID-19 pandemic. The money has gone to pay off unpaid HOA assessments, fines and attorneys fees. At least 13 homeowners received more than $20,000 to settle their HOA debt under the Colorado Emergency Mortgage Assistance Program. One received nearly $60,000, including about $41,000 to cover attorneys fees. The data on Colorado’s distribution of Emergency Mortgage Assistance Program funds was obtained through an open records request by Homeowners of America United, a homeowner advocacy group. The Colorado Sun was provided the data and then verified it with the state. The program comes as HOAs have initiated roughly 3,000 judicial foreclosures in Colorado since 2018, according to an investigation published in August by The Sun. About 8% of the cases — or more than 250 — resulted in homes being sold at auction for a fraction of their value so that HOAs could recover what they were owed.
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Miguel Banuelos-Garcia, left, who is a Denver Scholarship Foundation college advisor at John F. Kennedy High School, and student Rhina Serrano-Zetino work together on some of the prep work for Serrano-Zetino’s FAFSA application in the school’s Future COURTESY OF THE DENVER SCHOLARSHIP FOUNDATION Center. BY CHRISTY STEADMAN CSTEADMAN@COLORADOCOMMUNITYMEDIA.COM
Rhina Serrano-Zetino always knew she wanted to go to college. “It was my biggest dream as a little girl,” she said. “I always wanted to do something more to make my parents proud.” But being the first generation in her family to pursue higher education, she knew she might have some hurdles to overcome. “There’s a lot of nerves knowing that nobody in my family has gone
through this,” Serrano-Zetino said. Then she started working with Miguel Banuelos-Garcia, a Denver Scholarship Foundation college advisor at John F. Kennedy High School. The two talked about SerranoZetino’s values and her career and academic goals. Through these conversations, Serrano-Zetino learned about the Denver Scholarship Foundation and what it offers to aspiring college students like her. “We’re helping them paint that window that they see their lives outside of,” Banuelos-Garcia said. “We
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