Mortgage Relief For Eligible CA Homeowners
The effects of COVID-19 continue to hurt many families. Up until recently, only rent relief has been available for California tenants. Now, help is here for homeowners too.
Thanks to the federal American Rescue Plan, the California Mortgage Relief Program has $1 billion in funding for Californian homeowners who have fallen behind on their mortgage payments as a result of pandemic-related hardships. Nearly half of that is reserved for those in historically disadvantaged neighborhoods. As many as 40,000 qualified households could receive up to $80,000 in one-time payments made directly to their mortgage company. Moreover, the funds will not need to be repaid.
For more information on eligibility and the application process, please visit the California Mortgage Relief Program. If you're interested, I encourage you to act fast because funds are available on a first come, first served basis and will run out quickly.
Assemblymember, 19th District