Deadline Alert: Half a Billion Dollars in California Mortgage Relief Awaits
Welcome to “Hella Expensive: Your Guide to Bay Area Finance,” the column engineered to help you navigate the turbulent financial waters of Bay Area living. Each installment tackles a topic crucial to your financial well-being, from the homeownership vs. renting conundrum to the intricate maze of retirement planning, and even the art of budget management in a region known for sky-high prices.
Not only will I provide insights from industry experts and public officials, but I’ll also tap into the collective wisdom of our newsroom and you, our esteemed readers, to offer the most comprehensive advice possible.
In addition to analyzing the latest financial issues, trends, and economic forecasts, I’m eager to engage directly with you. Whether you have questions about taxes, savings, or debt, you can reach out to me through the survey linked below, or drop me an email at [email protected]. Your input helps shape the column and keeps it rooted in the financial realities of Bay Area residents.
California’s Mortgage Relief Expansion: An Opportunity You Don’t Want to Miss
Good news for Californians struggling with mortgage payments: the state’s Mortgage Relief Program is still flush with funds! In fact, nearly $500 million from the initial $1 billion in federal grants remains untapped.
The program offers a financial lifeline of up to $80,000 to eligible Californians who meet specific income criteria. To qualify, you must have missed at least two mortgage payments or be in arrears on your property taxes. This influx of cash could be the saving grace you need to keep your home and safeguard your financial future.
Don’t let this opportunity slip through your fingers. If you’re facing mortgage-related struggles, this might be the perfect time to explore your eligibility for California’s generous Mortgage Relief Program. With so much money still available, it’s an opportunity you won’t want to miss.