New York state officials are stepping in to help Hudson Valley homeowners affected by the subprime mortgage crisis.

The Rockland Housing Action Coalition says it will use funds that are being allotted for mortgage relief to help hundreds of homeowners try and save their homes.

For one Rockland resident, the planned assistance would be a welcome development. The homeowner, identified only as "Tom," says things began to go south when his company started to fail after 9/11.

Tom says he took out a loan on his mortgage to try and keep up with payments. He alleges that his broker lied on his application, fabricating his income. Tom says this set off a chain of events that led to his house being foreclosed on in April.

Stephanie Rojas, of the housing coalition, works to help homeowners who find themselves in the same predicament as Tom.

"It just seems they're going through the refinances of their home, they're going it alone and with no one who has their best interest," Rojas says.

Now, the state has allotted $350,000 to the nonprofit so it can continue offering counseling and to cover legal fees.