Texas Homeowner Assistance Fund Provides $19.2M in Assistance
Through its Texas Homeowner Assistance Fund (TXHAF), the Texas Department of Housing and Community Affairs (TDHCA) announced that it has distributed $19.2 million to more than 2,800 homeowners for past-due mortgage payments and related housing expenses. Qualified homeowners who have been financially impacted by the pandemic may be eligible for up to $40,000 in mortgage payment assistance and up to $25,000.00 in property tax, insurance, and delinquent homeowner association and/or condo association fees through TXHAF.
TXHAF is available to homeowners in Texas who meet the following requirements:
- Delinquent on one or more mortgage loans, property tax, property insurance, and/or HOA association fee payments
- Household income at or below 100% Area Median Income
- Own and occupy a home in Texas as a primary residence
- Experienced a qualified financial hardship after January 21, 2020, due to the COVID-19 pandemic
The program’s official site has a public dashboard that reports on TXHAF demographic data. The TXHAF website also has additional information such as Frequently Asked Questions and income restrictions for the 2021 Homeowner Assistance Fund for a specific area of the state. Homeowners can call the TXHAF call center at 1-833-651-3874 for more information.
When submitting an application, homeowners must include their identification card, mortgage statement, evidence of habitation (such as a utility bill), income documentation (such as pay stubs), and signed program forms. Once the homeowner’s application is granted, payments are delivered directly to the mortgage servicer or property charge payee (tax authority, insurance company, or HOA). So, for more information and applying, visit the official site.