Monday, April 29, 2024

Florida Dept. of Economic Opportunity gives out $200M in housing assistance


TALLAHASSEE, Fla.  — The Florida Department of Economic Opportunity (DEO) has given out $200 million in householders assistance, the DEO instructed Scripps Station Fox 4. There’s nonetheless extra to go round — $300 million to be precise. That cash is for a program you could not learn about.

The DEO is in cost of the Homeowners Assistance Fund, a federally funded program aimed toward serving to Florida householders pay for payments equivalent to insurance coverage, mortgage and utilities.

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“It is designed to help the most vulnerable populations in the state get the assistance that they need,” stated Dr. Shamarial Roberson, a vendor that works alongside the DEO. “I’m happy that we’re able to help so many homeowners so they don’t have to for example, lose their home to foreclosure.”

She stated greater than 11,000 individuals have utilized and greater than 6,600 householders have been authorized for assistance.

“This is for homeowners that were affected by COVID-19 and these households can receive as much as $50,000 for a household,” Roberson stated.

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To be eligible, it’s a must to be a Florida house owner and meet revenue necessities primarily based on the Area Median Income (AMI). In Hillsborough County, that is just a little greater than $60,000, in line with the Census Bureau. However, the newest quantity is from 2020.

We requested how lengthy purposes take earlier than householders might see the cash if authorized, and Roberson stated each case is totally different — so there is not any ballpark vary she can provide.

During the applying course of, Roberson stated case employees undergo a top quality assurance course of.

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To get the phrase out, she stated they’ve accomplished greater than 500 outreach campaigns throughout the state.

If you wish to verify your eligibility, you’ll be able to apply here.





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