Ohio

Hamilton County Commissioner Launches $ 5 Million Mortgage Relief Program

Homeowners in Hamilton County, suffering from financial losses from COVID-19, now have a local program where they can seek help. The Hamilton County Commissioner is launching a new program called the Hamilton County Mortgage and Utilities Relief Program. The program will utilize $ 5 million from the county’s US Rescue Plan dollar allocation. This is the first time we have directly assisted homeowners struggling to maintain a home due to a pandemic, “said Stephanie Samallow Dumas, chairman of the statement. The program can provide up to 6 months of overdue mortgage payments and up to 12 months of overdue utility payments dating back to March 1, 2020. Anxiety from homeowners who are late due to COVID. This was a missing link in our relief program, “said Vice President Alicia Reese in a statement. “Keeping families safe in the home and increasing home ownership was a top priority for Hamilton County Commissioners.” Homeowners’ primary homes must be in Hamilton County, and homeowners are COVIDs. -19 Must be experiencing financial difficulties due to pandemic. Said in a statement. “This is the financial foundation of our community.” The county pays mortgages and utilities to households with less than 80% of the median income in the area. Eligible homeowners who have previously received federal funding to support their mortgage can continue to apply. Payments from the county are made directly to the mortgage servicer or utility company.

Homeowners in Hamilton County, suffering from financial losses from COVID-19, now have a local program where they can seek help.

The Hamilton County Commissioner is launching a new program called the Hamilton County Mortgage and Utilities Relief Program. The program will utilize $ 5 million from the county’s US Rescue Plan dollar allocation.

“We have helped thousands of lessors, small businesses and nonprofits. This is the first time we have directly helped a homeowner who is having a hard time maintaining a home because of a pandemic.” Stephanie Samallow Dumas, chairman, said in a statement.

The program can provide up to 6 months of overdue mortgage payments and up to 12 months of overdue utility bill payments, all dating back to March 1, 2020.

“When I talk to my family at 513 Relief Bus, I hear the stress and anxiety from homeowners who are lagging behind because of COVID. This was a link missing from our rescue program,” said Alicia Reese, Vice President. The president said in a statement. “Keeping families safe in the house and increasing home ownership was a top priority for Hamilton County Commissioners.”

The homeowner’s primary residence must be in Hamilton County, and the homeowner must be experiencing financial difficulties due to the COVID-19 pandemic.

“The presence of families in their own homes allows them to continue to build wealth for generations,” Denise Driehaus said in a statement. “This is the financial foundation of our community.”

The county pays mortgages and utilities to households with less than 80% of the median income in the area. Eligible homeowners who have previously received federal funding to support their mortgage can continue to apply.

Payments from the county are made directly to the mortgage servicer or utility company.

Hamilton County Commissioner Launches $ 5 Million Mortgage Relief Program

Source link Hamilton County Commissioner Launches $ 5 Million Mortgage Relief Program

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