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Detroit City Wire

Tuesday, November 5, 2024

Important Mortgage Assistance Information

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Attention FHA Borrowers

Hardships from the COVID-19 pandemic continue to be felt across the country.  Currently, there are well over 300,000 borrowers who are at least 60-days delinquent on their FHA mortgage and have not sought help to avoid a future foreclosure.  To assist FHA borrowers with keeping their homes, there is availability of COVID-19 forbearance relief. There is help for those who may be struggling to pay their FHA mortgage to possibly prevent them from losing one of their greatest assets…their home!

FHA’s COVID-19 Mortgage Payment Forbearance

For more information please contact a HUD-approved housing counseling agency in your local area

@ 1-800-569-4287

or at www.hud.gov/housingcounseling

Be well and stay safe and remember, we are all in this together!

Homeless Prevention Program (HPP)

The City of Dearborn Heights has established a program to assist low to moderate income individuals and families whose income has been negatively affected by COVID-19.

CARES ACT CDBG-CV funding will provide emergency subsistence assistance for past due housing payments (rent or mortgage) or past due utilities (gas/electric only), made over a period of up to three consecutive months ($5,000 maximum benefit), to the provider of such items or services on behalf of an eligible Low/Moderate Income (LMI) individual or family.

Please click on the links below for the application and information

Homeless Prevention Program (HPP) Application

Homeless Prevention Program (HPP)Tri-Fold Informational Brochure

For additional information and questions please contact the Community and Economic Development Department (CEDD)

at (313) 791-3500

For more information on these programs and other great grant and assistance programs, please visit our Community and Economic Development page.

Original source can be found here.

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