AUSTINTexas , June 29, 2022 /PRNewswire/ — The Texas Department of Housing and Community Affairs (TDHCA) has exceeded $50 million in home loans and related housing expense reimbursements distributed to more than 7,000 Texas households affected by the COVID-19 pandemic. Through the Texas Homeowner Assistance Fund (TXHAF), eligible Texans affected by the pandemic can catch up on home loans, property taxes, home insurance, and homeowner or condo association payments.
“I’ve had a pretty tough few years and I’m grateful to have received the help I desperately needed to stay in my home,” Vicky Drake, Angelina County said the owner. “The Texas Homeowner Assistance application was very easy, and I even received a call from an agent who helped me upload the required documents. I have already recommended the program to several people.”
Through TXHAF, eligible applicants can receive up to $65,000 in secured loan assistance for manufactured homes, traditional residential mortgages, and land deed or deed contracts. Of the $65,000until $25,000 could be used to pay overdue property taxes, homeowners insurance and homeowners association fees. The total amount of aid per household may not exceed $65,000.
To be eligible, homeowners must have a household income at or below 100% of the region’s median income or 100% of the US median income, whichever is greater. They must also have experienced qualified financial hardship such as increased expenses or loss of income after January 21, 2020, due to the COVID-19 pandemic. Full eligibility criteria is available at TexasHomeownerAssistance.com.
TXHAF not only helps thousands of Texas homeowners in need, but also county governments across the state collect overdue property taxes.
“Many people in our community have lost family members, lost their jobs, and fallen ill, causing them to fall behind on their mortgages and property taxes. This program has been great in helping these taxpayers,” Maria O.Pasillas, El Paso said the tax assessor. “I have heard from many citizens who are happy with how easy it is to apply and get help over the phone. I’m sure there are many more of our citizens who need help. helps, and I encourage them to apply.”
TDHCA has even more $600 million available and waiting for those who need it. Homeowners can review program eligibility and apply online at TexasHomeownerAssistance.com. TDHCA also contracts with welcome centers across the state for this program so homeowners can get in-person assistance with the application process. Visitor centers and locations will be announced soon.
“We encourage Texas owners needing help to take advantage of this opportunity,” explained Bobby Wilkinson, Executive Director of TDHCA. “We know many Texans have been impacted financially by the pandemic, and we’re doing everything we can to get them back on a stable financial footing.”
For any questions, the call center is available Monday to Friday 8am– 6 p.m. and can be reached toll-free at 833-651-3874. Help is available in multiple languages.
Link to sound clips with Bobby WilkinsonDirector General of ADHCT
About the Texas Department of Housing and Community Affairs
The Texas Department of Housing and Community Affairs is committed to expanding fair housing choice and opportunities for Texans through the administration and funding of affordable housing and homeownership opportunities, bloat and community service with the help of for-profit, non-profit and local organizations. Governments. For more information on fair housing, funding opportunities, or services in your area, please visit www.tdhca.state.tx.us or the Learn more about fair housing in Texas page.
SOURCE Texas Department of Housing and Community Affairs