CA Homeowners can receive $80,000 grant

Published on

ca mortgage relief 2022

[2/7/2023 UPDATE]: The California Mortgage Relief Program has expanded its eligibility requirements. Click here for the latest news on the program.

SAN BERNARDINO COUNTY – California lawmakers announced, Wednesday, the opening of applications for mortgage relief payments for those who experienced a COVID related income loss. The state hopes to help as many as 40,000 homeowners with the money which is available on a first-come, first-served basis.

The California Mortgage Relief Program has $1 billion in funds from the federal American Rescue Plan’s Homeowners Assistance Fund. Through this program, homeowners who are behind on their payments can have up to $80,000 in past-due mortgage payments repaid in full — with no repayment requirement.

 





 

“The intention of these funds is to serve people with low to moderate incomes,” said California Housing Finance Agency Employee Rebecca Franklin. “Additionally, applicants must have missed at least two mortgage payments as of Dec. 27, 2021.”

Eligibility requirements are:

  • Be at or below the poverty line in your county
  • Own a single-family home
  • Have faced pandemic related hardship after Jan. 1, 2020

Once it is verified that an applicant meets all eligibility requirements, money from the program will be sent directly to the mortgage servicer.

There is no deadline to apply but it is encouraged to submit applications as soon as possible, as the program works on a first-come, first-served basis.

For more information about the California Mortgage Relief Program visit https://camortgagerelief.org/

spot_img

Latest articles

California ex-Amtrak worker gets over 2 years for nearly $1 Million COVID jobless fraud

CALIFORNIA – The U.S. Department of Justice (DOJ) announced that a California ex-Amtrak worker...

Victorville reports a surge in hotel applications and other economic updates

VICTORVILLE – The City of Victorville announced, July 17, a surge in hotel development...

Ex-bishop pleads guilty to fraud involving millions in California church properties

CALIFORNIA – The U.S. Department of Justice (DOJ) announced that a former AME Zion...

Auto Club reports gas prices have dropped for the fourth straight week in SoCal

CALIFORNIA – Southern California gas prices are now within a dime of 2025’s lowest,...

More like this

CA representative Nancy Pelosi discloses over $1 Million in Broadcom stock purchase amid AI surge

CALIFORNIA – California representative Nancy Pelosi has disclosed a purchase of Broadcom Inc. (AVGO)...

New Car Dealer Association offering paid 2-year auto tech apprenticeship to fill 5,000 CA jobs

CALIFORNIA – The California New Car Dealers Association (CNCDA) Foundation, announced July 10 that...

CA bill to extend 3-day rent notice to 14 days stalls in Assembly

202520260SB436_Assembly Judiciary CALIFORNIA – SB 436, a bill that would extend the time tenants...