Boca Raton Chamber Of Commerce: Funding Still Available: Coronavirus Relief Funds For City Of Boca Raton Residents

Boca Raton FL

25 January, 2022

1:15 PM

Description

Press release from Boca Raton Chamber of Commerce: 1/20/2022 Boca Raton, FL – In late 2021, the City of Boca Raton received coronavirus relief funds for City homeowners and renters who have experienced a financial hardship due to the COVID-19 pandemic. These funds are currently still available, and the City encourages residents to apply. The $357,280 Community Development Block Grant (CDBG-CV) was provided by the Department of Housing and Urban Development (HUD). The funds are available to City residents through two programs: the Rental Assistance Program and the Mortgage Foreclosure Prevention Assistance Program. Assistance may be provided for households that have experienced a financial hardship on or after March 1, 2020, such as: Applicants may only receive assistance for affected months not covered by other agencies' assistance programs. The maximum assistance under the guidelines for these programs is a one-time award for up to six months of eligible housing payments, not to exceed $15,000 per household. To be eligible for assistance, applicants must reside within Boca Raton City limits and have a household income that does not exceed 80% of area median income (AMI) based on household size. Applications must be submitted through an online application on the City's website, and are processed on a first come, first qualified, first served basis. Income limits, application requirements and frequently asked questions can be found on the City's website at www.myboca.us/HousingRelief. If residents should have any additional questions after reviewing the website, they can call 561-544-8667 (or 561-393-7043 for the hearing impaired) Monday through Friday between 8am and 5pm. Residents are asked to leave a message that includes their name and daytime phone number so a team member can call them back. This press release was produced by Boca Raton Chamber of Commerce. The views expressed here are the author's own.