Monday, 22 June 2020 13:18

Rent and Mortgage Assistance Applications

(via Rosemary Brown)

Renters and homeowners who faced economic and financial stress related to the coronavirus pandemic will be able to access applications for rent and mortgage relief starting June 29. Applications will be accessible from the Pennsylvania Housing Finance Agency’s website at PHFA.org.

PHFA is currently identifying organizations in all 67 counties to help it process the large number of rent relief applications anticipated. People will submit their applications and supporting paperwork to these county organizations for review.

The Federal Coronavirus Aid, Relief and Economic Security (CARES) Act, passed in March, provided $3.9 billion for Pennsylvania and is intended to help people hurt economically during the pandemic. In late May, the General Assembly directed $175 million of these CARES dollars to PHFA to provide assistance for struggling renters and homeowners. The portion for rent assistance is at least $150 million, and $25 million was set aside for mortgage assistance.

During June, in a period of about four weeks, PHFA is developing detailed programs for distributing this financial assistance quickly to people in need while following legislative requirements.

Read more about this program here.

Nate

Disclaimer: The ideas expressed below are the personal thoughts and opinions of Nate Covington and do not necessarily reflect the position of Barrett Township or the Board of Auditors.

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