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Applications now open for homeowner assistance in disaster repairs


Applications now open for homeowner assistance in disaster repairs
Applications now open for homeowner assistance in disaster repairs
4 hours 25 minutes 15 seconds ago
Saturday, April 24 2021
Apr 24, 2021
April 24, 2021 6:04 PM
April 24, 2021
in
News - Local
By: KRGV Digital
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The Texas General Land Office is launching a program to assist homeowners affected by major disasters that occurred in 2018 and 2019.
The Homeowner Assistance & Reimbursement Programs will provide funding for repair or reconstruction of single-family homes. Eligible applicants may also receive reimbursement for certain out-of-pocket expenses incurred, including reconstruction, rehabilitation, or mitigation.
Eligibility guidelines and the application, which is available in English and Spanish, can be found at the Texas General Land Office website. ....

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COVID, Year Two: A Look at Mortgage Relief, Regulatory Scrutiny, and the Road Ahead | Davis Wright Tremaine LLP


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March 13, 2021, marked the one-year anniversary of President Trump s declaring COVID-19 a national emergency. Through the CARES Act, agency action and guidance, and various state laws and executive orders, governments across jurisdictions acted quickly to provide mortgage relief to homeowners at risk of default.
Even with all that regulatory and legislative might brought to bear, the inability of homeowners to pay their mortgages remains widespread and a focus of lawmakers. The Mortgage Bankers Association (MBA) reported that 5.14 percent of mortgage loans, representing 2.6 million homeowners, were in forbearance as of March 7, 2021. ....

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FHLBank Atlanta Announces 2021 Funding for AHP Homeownership Set-aside Program


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
FHLBank Atlanta Announces 2021 Funding for AHP Homeownership Set-aside Program
Federal Home Loan Bank of AtlantaJanuary 19, 2021 GMT
Eligible Homebuyers and Homeowners can receive up to $10,000 through FHLBank Atlanta Members
ATLANTA, Jan. 19, 2021 (GLOBE NEWSWIRE) Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that funding for its 2021 Affordable Housing Program (AHP) Homeownership Set-aside Program is now available. The products within this program, previously referred to as Homeowner Assistance products, are designed to help eligible homebuyers and homeowners purchase or rehabilitate a home.
New for 2021, eligible homebuyers may receive maximum funding of up to $7,500 through the First-time Homebuyer product, an increase from the previous maximum of $5,000. Maximum funding through the Community Partners product is increased to $10,000 for 20 ....

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