Share
California will help up to 40,000 homeowners catch up on their mortgage payments.
Gov. Gavin Newsom announced Monday the federal government approved his mortgage relief plan. California will use about $1 billion in federal money to help people who fell behind on their mortgage payments during the pandemic.
The program will pay past due housing payments in full, up to a maximum of $80,000 per household. The money would go directly to the banks or mortgage servicers.
Only people who own and occupy one property and make at or below 100% of their area median income will be eligible. The program covers single-family homes, condos and manufactured homes. Owners also must attest they have faced a pandemic-related financial hardship after Jan. 21, 2020.
California also has a program to pay people’s past due rent. So far, the state has paid $1.6 billion to more than 137,000 households.
RELATED TOPICS:
Derek Carr Explains Mysterious Retirement. He Didn’t Want to ‘Just Take the Saints’ Money’
14 hours ago
Were Cuts in Rooftop Solar Payments Legal? CA Supreme Court Hears Arguments
15 hours ago
SpaceX Will Decommission Dragon Spacecraft, Musk Says as Feud With Trump Escalates
10 hours ago
Erika Sandoval Gets Life Sentence in Notorious Tulare County Murder
10 hours ago
Israeli Military Strikes Beirut’s Southern Suburbs
11 hours ago
We Are Being Governed by the Trump Organization Inc.
11 hours ago
Wondrous Webster Has the Makings of a Wonderful Family Member
11 hours ago
Trump Threatens Musk’s Government Deals as Feud Explodes Over Tax-Cut Bill
11 hours ago
Fresno Police Want Your Tips to Solve Taylor Washington Homicide
13 hours ago
Derek Carr Explains Mysterious Retirement. He Didn’t Want to ‘Just Take the Saints’ Money’
14 hours ago
Were Cuts in Rooftop Solar Payments Legal? CA Supreme Court Hears Arguments
15 hours ago
SpaceX Will Decommission Dragon Spacecraft, Musk Says as Feud With Trump Escalates
10 hours ago
Erika Sandoval Gets Life Sentence in Notorious Tulare County Murder
10 hours ago
Israeli Military Strikes Beirut’s Southern Suburbs
11 hours ago
We Are Being Governed by the Trump Organization Inc.
11 hours ago
Wondrous Webster Has the Makings of a Wonderful Family Member
11 hours ago
Trump Threatens Musk’s Government Deals as Feud Explodes Over Tax-Cut Bill
11 hours ago
Fresno Police Want Your Tips to Solve Taylor Washington Homicide
13 hours ago
Derek Carr Explains Mysterious Retirement. He Didn’t Want to ‘Just Take the Saints’ Money’
14 hours ago
Were Cuts in Rooftop Solar Payments Legal? CA Supreme Court Hears Arguments
15 hours ago

Trump Compares Russia and Ukraine to Children Fighting

SpaceX Will Decommission Dragon Spacecraft, Musk Says as Feud With Trump Escalates

Erika Sandoval Gets Life Sentence in Notorious Tulare County Murder

Israeli Military Strikes Beirut’s Southern Suburbs

We Are Being Governed by the Trump Organization Inc.

Wondrous Webster Has the Makings of a Wonderful Family Member
