Attention Homeowners: Mortgage Assistance Program
Have you struggled making your mortgage payments during the last few months as a result of the COVID-19 pandemic?
The Vermont Housing Finance Agency is managing a new mortgage assistance program. The Vermont Legislature approved $5 Million for Vermont Homeowners. The program will provide up to three monthly mortgage payments directly to the servicer of the mortgage with the goal of preventing foreclosure.
Applications will be accepted now through August 31, 2020. There are many resources for people who need help applying, including a hotline run by VT Legal Aid at (800) 889-2047. There is a separate program for renters available through the Vermont State Housing Authority.