CARES Act assistance for homeowners and renters negatively impacted by Covid-19 will be available on June 29 on the Pa. Housing Finance Agency webpage.
Renters: You will need to document at least a 30% reduction in annual income since March 1 related to COVID-19, or you must have become unemployed after March 1. If unemployed, you must have filed for unemployment compensation with the Pennsylvania Department of Labor and Industry. Their household income must be at or below the Area Median Income for your county of residence, adjusted for the number of people in your home.
The area median income is located here. In Northampton Count
Renters who qualify may receive assistance equal to 100% of their monthly rent up to $750 a month for a maximum of six months of assistance for the time period between March 1 and November 30, 2020. Payments will be made to their landlord on their behalf. Renters or landlords can apply for rent relief for apartment tenants, but renters are responsible for submitting all the documents needed to ensure their eligibility.
Homeowners: Like renters, homeowners will need to document at least a 30% reduction in annual income since March 1 related to COVID-19, or you must have become unemployed after March 1. Household income must be at or below the Area Median Income for your county of residence, adjusted for the number of people in your home. In addition, the property must be an owner-occupied, must consist of one or two separate units and the mortgage must be at least 30 days delinquent.
Homeowners can receive up to $1,000 a month in mortgage payment assistance for a maximum of six between March and December 2020. Financial
assistance payments through this program will be made directly to the mortgagee.
Today's one-liner: "The shortest way to the distinguishing excellence of any writer is through his hostile critics." Richard LeGallienne
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Tuesday, June 23, 2020
3 comments:
You own views are appreciated, especially if they differ from mine. But remember, commenting is a privilege, not a right. I will delete personal attacks or off-topic remarks at my discretion. Comments that play into the tribalism that has consumed this nation will be declined. So will comments alleging voter fraud unless backed up by concrete evidence. If you attack someone personally, I expect you to identify yourself. I will delete criticisms of my comment policy, vulgarities, cut-and-paste jobs from other sources and any suggestion of violence towards anyone. I will also delete sweeping generalizations about mainstream parties or ideologies, i.e. identity politics. My decisions on these matters are made on a case by case basis, and may be affected by my mood that day, my access to the blog at the time the comment was made or other information that isn’t readily apparent.
I hope the state manages this better than unemployment
ReplyDeleteI would not hold my breath.
ReplyDeleteCynicism does not equate to wisdom.
ReplyDelete