Home News Texas State aid program to help Texans with utility bills, future mortgage payments

State aid program to help Texans with utility bills, future mortgage payments

State aid program to help Texans with utility bills, future mortgage payments

[my_adsense_shortcode_1]

Households eligible for the Texas Homeowner Assistance Program can now apply for the extra help.

AUSTIN, Texas — Eligible Texans in want of help paying their utility payments or future mortgage payments now have entry to further aid.

Households eligible for the Texas Homeowner Assistance Program (TXHAF) can now apply for help paying late and future utility payments. Through the program, income-qualifying households can even have extra time to stabilize their funds with future mortgage payments.

“The State of Texas continues working to ensure all Texans have the opportunity to lead healthy and successful lives in our state, and through the Texas Homeowner Assistance Program, we are helping keep families in their homes, the lights on, and the water running,” Gov. Greg Abbott stated in an announcement.

According to a press launch, every family can obtain up to $65,000 in whole help, supplied within the type of a grant. Homeowners should meet the next standards to be eligible:

  • Have skilled a professional monetary hardship due to the COVID-19 pandemic after Jan. 21, 2020
  • Be behind on a number of payments, together with mortgage loans, property insurance coverage, property taxes, house owner/rental affiliation charges and/or utility payments
  • Have a family revenue at or under 100% space median revenue or 100% of the median revenue for the U.S., whichever is bigger
  • Own and occupy a house in Texas as a major residence

The press launch states that TXHAF can cowl the past-due stability and up to three months of future payments for electrical energy, water, pure gasoline, propane and wastewater utility providers, up to a most of $10,000. In addition to the above general eligibility standards, households should have a past-due utility invoice dated throughout the final 45 days and should personal and occupy the residence on the handle listed on the invoice.

Households can apply for the utility invoice help no matter whether or not or not they apply for mortgage aid or property cost help. If authorized, payments might be made instantly to the utility vendor on the applicant’s behalf within the type of one lump sum. 

The $10,000 most utility help is included within the $65,000 per family cap, in accordance to the press launch.

As for the mortgage help, households with no revenue or a debt-to-income ratio larger than 55% which can be unable to proceed making month-to-month mortgage payments can qualify for mortgage reinstatement plus up to three months of future payments, up to the family most of $65,000

The launch states that since its launch in March, the TXHAF has disbursed greater than $175 million and assisted greater than 18,000 distinctive households.

For extra information on the program, together with an eligibility screener and on-line utility, go to TexasHomeownerAssistance.com. The TXHAF additionally has a toll-free name heart out there Monday via Friday from 8 a.m. to 6 p.m. That quantity is 833-651-3874, and help is out there in a number of languages.

KVUE on social media: Facebook | Twitter | Instagram | YouTube

Britny Eubank on social media: Twitter

Changing housing market leaves consumers questioning why they signed a lot for his or her dwelling solely days, months in the past

Strong chilly entrance anticipated to shake up the forecast

Allergens, irritants inflicting signs for ACL fest-goers

Judge sentences Texas household of 5 in Jan. 6 case



[my_adsense_shortcode_1]

story by The Texas Tribune Source link

[my_taboola_shortcode_1]

Exit mobile version