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New Year brings new support for CA homeowners for $80,000 Covid-19 relief grant

by admineco
February 1, 2024
in Community
0

Photo by Enric Cruz López from Pexels: https://www.pexels.com/photo/aged-residential-houses-and-contemporary-skyscrapers-of-megapolis-6039188/

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SACRAMENTO – The California Mortgage Relief Program announced an important

update that will extend program eligibility to more homeowners across the state. The program

has extended the delinquency requirement for mortgage and property tax relief applicants to

February 1, 2024.

Since launching in midst of the pandemic, the program has been instrumental in aiding 30,205

households in California who have suffered economic setbacks due to COVID-19. Today’s

announcement opens the door for additional homeowners to potentially receive a grant of up to $80,000 in federal funds.

Rebecca Franklin, President of the CalHFA Homeowner Relief Corporation, emphasized the

ongoing struggles of many homeowners due to pandemic-related financial hardship.

“By extending the delinquency date, we are broadening the reach of our program to assist more

families in need,” Franklin said.

“Homeowners should not wait to protect their future and apply online today. These grants represent a crucial support system for Californians, enabling them to catch up on past-due bills caused by the pandemic and secure their financial well-being.”

The California Mortgage Relief Program is distributing federal funds to eligible California

homeowners in the form of non-repayable grants that can be applied to various housing-related

expenses, including:

  • catching up on overdue mortgage and reverse mortgage payments,
  • addressing unpaid property taxes,
  • reducing or eliminating partial claims or loan deferrals.

California homeowners who were initially ineligible due to the previous delinquency date

continue to be invited to reapply.

The application process is fast and easy and can be completed online or via a mobile device by visiting www.CaMortgageRelief.org. Applicants must still meet all other eligibility requirements. For media inquiries, please contact press@camortgagerelief.org.

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