Assistance Fund Allocated for Homeowners in Financial Strain
Amidst the challenges posed by the ongoing pandemic, homeowners grappling with mortgage and utility costs have a beacon of hope in the form of the Wyoming Homeowner Assistance Fund Program. This federal initiative extends a helping hand to those who financially qualify, offering reimbursements of up to $17,000. The eligibility criteria include experiencing a COVID-related financial hardship, such as the loss of a job.
Sonya VanNortrick, a dedicated program assistant at the Council of Community Services, emphasizes that the program mirrors the Emergency Rental Assistance Program, albeit with a crucial distinction: it focuses on assisting homeowners rather than renters.
The heart of this program lies in a one-time grant that encompasses a comprehensive range of support. This grant not only covers overdue mortgage and utility payments but also extends to cover up to three months of future mortgage payments and other essential housing-related expenditures, including property taxes and homeowner association fees. VanNortrick underscores that eligibility is determined based on financial considerations, with income thresholds varying based on the number of individuals residing in the household.
The qualification for a COVID-related hardship encompasses a spectrum of challenges stemming from the pandemic’s impact. Instances such as job losses, reduced working hours, and increased expenses due to hospitalizations or augmented childcare costs, all stemming from the pandemic, are deemed as valid hardships.
However, it’s important to note that not all properties are eligible for this valuable assistance. VanNortrick clarifies that only properties designated as “real property,” where all elements are permanently affixed to the land, meet the criteria. For instance, mobile homes that are rented and can be relocated from the land would not fall under the program’s scope.
The application process for this program is accessible online, although it’s worth noting that it entails a comprehensive procedure. To simplify matters, individuals seeking assistance or facing difficulties in scanning and submitting documents like proof of income, mortgage statements, and bank information can opt to schedule an appointment with the Council. They can do so by reaching out via phone at 307-686-2730.
As the program is gradually gaining momentum, VanNortrick acknowledges that there hasn’t been a significant influx of inquiries at the Council. This could stem from a lack of awareness about the program or a potential misconception of its necessity. Regardless, VanNortrick remains dedicated to assisting those who come seeking help, aiming to provide support to every eligible homeowner in need. In these uncertain times, the Wyoming Homeowner Assistance Fund Program stands as a testament to the community’s commitment to lifting one another up in times of financial adversity.
