City Of Jacksonville: Federal Funds For Mortgage Relief Program Still Available

Jacksonville FL

27 May, 2021

5:11 PM

Description

From the City of Jacksonville: May 27, 2021 The City of Jacksonville's Housing and Community Development Division continues to provide mortgage relief to assist individuals and families who have been affected by COVID-19. There is $2.25 million in federal funding still available. Individuals requesting assistance must be the owner and occupant of the property. The program will provide up to six months of delinquent mortgage payments or $7,500, whichever is less. Payments will be made directly to the mortgage company. Federal guidelines require qualifying individuals and families to have an income that falls below 80% of the area median income. The requirements are as follows: Household size Total Income One person $42,000 Two people $48,000 Three people $54,000 Four people $60,000 Five people $64,800 Six people $69,600 Seven people $74,400 Eight people $79,200 In addition to the income prerequisite, applicants must provide proof of delinquency, as well as a W-9 form from their lender. Obtaining these documents will be the responsibility of the applicant and are mandatory. Grants are awarded on a first come, first served basis to applicants who meet the eligibility requirements. Those interested in participating in the program must create a MyJax account at myjax.custhelp.com. Applicants must submit a completed application and all required documentation through their MyJax account. For additional information, please call (904) 630-2489 (CITY). This press release was produced by the City of Jacksonville. The views expressed here are the author's own.