Palm Beach County Mortgage Assistance Program Registration Opens May 7

From City of West Palm Beach:

April 30, 2021

Through its Department of Housing and Economic Sustainability, Palm Beach County, a partner of the City of West Palm Beach, recently announced the availability of Community Development Block Grant Coronavirus (CDBG-CV) Mortgage Assistance funds. The program will provide emergency financial assistance to homeowners at or below 80% AMI who were negatively impacted financially as a result of the pandemic and are delinquent in their first mortgage and escrow payments.

Up to six months of assistance (not to exceed $10,000) will be provided to eligible households who are at least one-month delinquent (after February 29, 2020) in their home mortgage, escrow payments and/or COA or HOA payments.

To qualify, all homeowners must demonstrate that the costs are directly tied to COVID-19. Additional criteria include but is not limited to:

• Income eligibility,
• Residence must be owner-occupied,
• The property must not be under contract or have been listed for sale within the last 60 days,
• Property must be located in Palm Beach County, and
• Assessed value cannot exceed $331,888.

Applications will be processed on a first come, first eligible basis. The online application will be open from Friday, May 7, 2021 at 8 a.m. through Monday, June 7, 2021 at 11:59 p.m. To access the form, or for more information, please visit http://pbcgov.com/hes.

Financial assistance resources and programs are also available to City of West Palm Beach residents through the city’s Housing and Community Development Department. To learn more, please visit www.wpb.org/hcd or call (561) 822-1250 (TTY: 800-955-8771).

This press release was produced by the City of West Palm Beach. The views expressed are the author's own.