By Miriam Raftery
Many Californians are unaware that the state is providing assist for these struggling to pay their mortgages because of the COVID-19 pandemic.
From 6 to 7 p.m. April 26 , a free webinar will likely be held on the California Mortgage Relief program, collectively hosted by this system, the City League of San Diego County and Assemblywoman Akilah Weber.
“The US Division of the Treasury has accredited California’s plan to supply $1 billion in mortgage reduction, offering assist to as many as 40,000 struggling householders,” Weber stated in an e-mail saying the occasion. “The California Mortgage Aid Plan is dedicated to supporting these hit hardest by the pandemic, together with householders who’ve fallen behind on their housing funds.”
This system will assist householders make past-due housing funds — to a most of $80,000 per family — by making a one-time direct cost to the mortgage servicers.
Purposes will likely be accepted by way of a web based portal. Go to camortgagerelief.org and click on on the “Apply Now” button to get began.
Register here to attend the CA Mortgage Aid Webinar. Questions must be submitted by midday April 26.
Miriam Raftery is editor of East County Journal. A model of this report was originally published by East County Journal, a member of the San Diego On-line Information Affiliation.