California's COVID-19 Mortgage Relief Program now accepting applications, may help up to 40,000 homeowners who fell behind during pandemic
The state will help as many as 40,000 homeowners catch up on their past-due mortgage payments.
California will use about $1 billion in federal money to help people who fell behind on their payments during the pandemic. The plan will pay up to a maximum of $80,000 per household - a grant that will not have to be paid back.To be eligible, a homeowner should earn at or less than 100% of their county's area median income, own a single-family home condo or permanently affixed manufactured home and have faced a pandemic-related financial hardship between Jan. 21, 2020 and Dec. 27, 2021.
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