By Catherine Reagor The Republic | azcentral.com
Thousands of Arizonans who thought they were getting help with their housing problems may be out of luck.
The $15 million left in Arizona’s share of the National Mortgage Settlement was taken by the state Legislature last week, swept into the general fund. More than a dozen housing non-profits are now scrambling to find ways to help people who were waiting or even approved to receive aid from the fund.
This isn’t the first state-budget sweep of money that was given to Arizona to help compensate for bad and even illegal practices during the housing crash. About $50 million of the $98 million Arizona was allotted from the $25 billion settlement from the biggest lenders went to offset state budget shortfalls in 2013.
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