Owners who’re struggling to pay mortgages in Amarillo might get help

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AMARILLO, Texas (KFDA) – Assistance is now accessible for householders in Amarillo who’re behind on their mortgage funds.

Town has launched a brand new program to assist residents who’s funds are impacted by COVID-19.

“We had quite a few individuals calling and saying ‘We want assist with our mortgage’,” stated Jason Riddlespurger, director of group growth at The Metropolis of Amarillo.

After ready for some time for funding from the Federal Cares Act, Amarillo has opened functions for its Mortgage Help Program.

“That is going to hit a necessity that we had in the neighborhood that weren’t in a position to assist prior to now,” stated Riddlespurger.

There are round $350,000 accessible in funding.

Eligibility necessities embody, being an Amarillo resident, lack of wages resulting from COVID-19, low to average earnings and being at present behind on a mortgage.

“At any level in the course of the pandemic, it might be even at present that they misplaced wages as a result of COVID,” stated Riddlespurger. “Even when the youngsters needed to miss college they usually needed to miss work as a result of they needed to take of children then that might qualify.”

The amount of cash per family shall be decided in a case-by-case foundation.

These have to first fill out a type and if decide eligible, town will attain out to then assist them fill out an utility.

A few of the native banks have additionally been providing help for many who have misplaced wages, the Amarillo Nationwide Financial institution stated, they’ve helped over 300 individuals.

Nonetheless, there are nonetheless individuals reaching out for assist resulting from COVID-19.

“Anyone that wants help, don’t hesitate to contact my workplace. We nonetheless have some fast re-housing and homelessness prevention funds,” stated Riddlespurger.

Purposes will stay open till funding runs out.

For extra data, you possibly can name 806-378-3098.

Copyright 2021 KFDA. All rights reserved.

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