CORPUS CHRISTI, TX – At today’s regular city council meeting, Mayor Paulette M. Guajardo and city council approved $ 200,000 for the Texas Emergency Mortgage Assistance Program. Eligible homeowners who are behind on their mortgages due to financial hardship related to COVID-19 can get help with late or upcoming payments.
The total number of months covered by the down payment, current down payment and cumulative down payment program cannot exceed six months of assistance. Mortgage payments under the program are made to eligible lenders. Mortgages cannot be threatened with foreclosure. Homeowners must have incomes at or below 80 percent of the region’s median. For a family of four, this limit is $ 55,450.
Funding for the program is provided by a grant from the Texas Department of Housing and Community Affairs of the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
To apply, owners can visit www.cctexas.com/gmd to download an application. Requests are also available for in-person pickup at the Neighborhood Services Department at Town Hall at 1201 Leopard Street on the second floor. Candidates with questions can call 361-826-3010.
For more information visit: www.cctexas.com/gmd.
For media inquiries, contact Gabriela Morrow, Public Information Officer, at 361-826-3583 or by email at [email protected]