Texas Homeowners Assistance Grants for Delinquent Property Taxes and Late Mortgage Payments Now Available

Texas recently launched an $842 million fund aimed at helping homeowners avoid foreclosure caused by the COVID-19 pandemic. The Texas Homeowner Assistance Fund is designed for homeowners who have struggled to pay their mortgage, property taxes, home insurance, and home-related fees because of economic hardships caused by the pandemic.

The Texas Department of Housing and Community Affairs is administering the monies that were passed as part of the American Rescue Plan. Homeowners may be eligible for up to $25K for delinquent property taxes on homesteads and can include any accrued court costs, abstract fees, and other suit-related fees.

Basic eligibility guidelines include:

• Late on one or more payments: mortgage, property tax, property insurance, HOA/Condo fees
• Household income at or below 100% Area Median Income (AMI) OR 100% of the median income for the U.S. whichever is greater
• Own and occupy home in Texas as primary residence
• Experienced a qualified financial hardship after January 21, 2020 (lost income or increased expenses resulting from the pandemic)
• Required Documents:
• Approved form of ID (DL, SS card, Military ID, State ID, birth certificate, etc.)
  • verified income statement (W2, IRS Form 1099, tax return, pay stub, employer attestation)
  • evidence of delinquency (delinquent tax statement, notice from tax attorney, etc.)

For more information contact www.TexasHomeownerAssistance.com or call 833-651-3874.