Cohen & Malad, LLP is pleased to announce the Indianapolis Neighborhood Housing Partnership (INHP) received over $32,000 as a distribution of unclaimed settlement funds. The funds come from a consumer protection lawsuit Cohen & Malad, LLP filed on behalf of a group of credit union members who were charged improper account fees. The court approved the distribution of these unclaimed funds to INHP to benefit families in Indianapolis. INHP works to increase affordable and sustainable housing opportunities for individuals and families and serves as a catalyst for the development and revitalization of neighborhoods. INHP provides financial education related to the homebuying process including obtaining a mortgage and maintaining a home.
“It is wonderful to see these funds support programs that provide valuable resources to Indianapolis residents to build stable communities that will thrive. We are proud that we were able to help our community during this pandemic and subsequent economic downturn,” said Lynn Toops partner at Cohen & Malad, LLP.