San Diego Homeowners can Get Mortgage Relief Help Now
Amidst the soaring costs of living, many homeowners in San Diego are grappling with the daunting challenge of staying current on their mortgage payments. However, there’s a beacon of hope shining through the financial gloom. The Logan Heights Community Development Corporation (LHCDC) is extending a helping hand to those who find themselves struggling to keep up with their mortgage or property tax payments.
At the helm of this noble initiative is Monte Jones, the esteemed president and CEO of LHCDC. He emphasizes that the primary objective is to prevent residents from losing their homes due to financial setbacks. Through the California Mortgage Relief Program, a statewide effort, homeowners facing pandemic-induced financial hardships can breathe a sigh of relief.
The essence of the program lies in its simplicity: it offers grants, not loans, which means recipients are not burdened with repayment obligations. This vital assistance, funded by the state of California, can provide up to $80,000 to bring mortgage or property tax payments up to date. It’s a lifeline for those navigating turbulent financial waters.
Selina Burns, a homeowner from Hemet, attests to the transformative impact of LHCDC’s support. She found solace and practical assistance at their offices, where compassionate staff guided her through the application process. For Selina, it wasn’t just about financial relief; it was about reclaiming peace of mind and stability for herself and her family.
The eligibility criteria are clear: applicants must own and occupy their primary residence and have experienced pandemic-related financial hardships. However, President Jones underscores that anyone in need should reach out without hesitation. Whether it’s visiting their office on Imperial Avenue or making a phone call, LHCDC stands ready to explore every avenue of support.
In a gesture of holiday goodwill, President Jones emphasizes the urgency of the situation, urging homeowners to act swiftly. While the California Mortgage Relief Program remains open until all funds are disbursed, the window of opportunity is finite. Funds are allocated on a first-come, first-served basis, underlining the importance of prompt action.
As the program extends its helping hand, it symbolizes not just financial assistance, but a beacon of hope for homeowners navigating uncertain times. Through community support and collaborative efforts, LHCDC and the California Mortgage Relief Program are paving the way for brighter tomorrows, one home at a time.
