Facing foreclosure? CHFA CAN HELP!
Under the American Rescue Plan Act of 2021, Connecticut has been awarded approximately $123 million to establish MyHomeCT, a program funded by the Homeowner Assistance Fund. The goal of MyHomeCT is to cure mortgage delinquencies and defaults, and prevent foreclosures among eligible homeowners that occurred as a result of the COVID-19 pandemic. The program also includes assistance for qualified non-mortgage expenses including, but not limited to, real estate taxes and insurance as well as condominium or homeowners' association fees.
The MyHomeCT Program will offer grant assistance (up to $50,000) which can reinstate (“catch-up”), provide up to 12 months’ worth of go-forward payments, or a combination of both to eligible Connecticut homeowners who have suffered a financial hardship as a result of the COVID-19 pandemic.
Do you qualify?
Want to talk to an expert about your options to avoid foreclosure?
Last Updated on July 17, 2023 by Minna Reid