Applications for the new emergency mortgage assistance program, announced by the mayor of Toledo, Wade Kapszukiewicz, during the State of the City 2021, will be accepted from 9:00 a.m. on Monday, March 29 until 4:30 p.m. on Friday, April 16.
The program will provide assistance to 150 low-to-middle income households in the city, the mayor said.
“The pandemic has impacted everyone in our community and we are pleased to leverage federal funding to help homeowners continue to recover in 2021,” said Mayor Kapszukiewicz.
The program is operated by the Toledo Department of Neighborhoods and funded by $1,526,505 in Community Development-CV Block Grant funding.
Mortgage assistance will cover up to six consecutive months, including forbearance, overdue balances, late fees and penalties. Taxes and insurance can be paid if included in the regular mortgage payment. Residents can submit one application per property. Applicants’ gross household income must not exceed 80% of the area’s median income. Applications will be accepted, processed and approved on a lottery basis.
Applications will only be accepted electronically. The application and more information is available at toledo.oh.gov/mortgage. Applicants can email questions to [email protected] or call 419-245-1435.
There will be a pre-application workshop via Zoom at 6:30 p.m. today, March 26 at this link: https://toledo-oh-gov.zoom.us/j/84836132925.
There will be Emergency Mortgage Assistance program outreach meetings for members of the public to complete in-person applications with assistance, as follows:
- 11 a.m. to 6 p.m., March 30, at South Branch Library, 1736 Broadway
- 9:30 a.m. to 4 p.m., March 31, at Mott Branch Library, 1010 Dorr St.
- 9:30 a.m. to 4:30 p.m., April 1, at Reynolds Corner Branch Library, 4833 Dorr St.
- 11 a.m. to 6 p.m., April 6, at Lagrange branch library, 3422 rue Lagrange.
- 9:30 a.m. to 4:30 p.m., April 7, at Sanger Branch Library, 3030 West Central Ave.
- 9:30 a.m. to 4:30 p.m., April 8, at Birmingham Branch Library, 203 Paine St.
- 10 a.m. to 5 p.m., April 10, at main library, 325 Michigan St.
- 11 a.m. to 6 p.m., April 13, at Heatherdowns Branch Library, 3265 Glanzman Rd.
- 9:30 a.m. to 4:30 p.m., April 14, at West Toledo Branch Library, 1320 Sylvania Ave.
- 9:30 a.m. to 4:30 p.m., April 15, at Washington Branch Library, 5560, harvest alley
To be eligible, the following criteria must be met:
- The applicant must own a residential property of 1 to 4 units in Toledo.
- The owner must occupy at least one dwelling as his principal residence.
- Owner must have a first or principal mortgage with a forbearance or outstanding balance due to COVID-19.
- Mortgage must be current to February 29, 2020.
- The property should not be offered for sale.
- The applicant’s household must demonstrate a loss of income due to COVID-19.
- Applicants’ household must have a maximum family income equal to or less than 80% AMI.
The Kapszukiewicz administration has launched a number of programs to help Toledo during the pandemic:
- The Emergency Rent Assistance Fund, which has assisted approximately 700 eligible households with up to three months of rent payments.
- The Home at Last program, a down payment assistance program for eligible first-time home buyers. It helps income-eligible first-time home buyers with up to $7,500 to use towards a home purchase and up to $9,500 in target neighborhoods.
- The Emergency Micro Business Recovery Grant, designed to help for-profit micro businesses maintain or restart operations and retain jobs by providing up to $5,000 for eligible operating expenses.
- the Lead Safety Compliance Matchmaking Grant, a grant program to help landlords comply with the City’s Residential Rental Property and Lead Safety Compliance Act.
- Two housing assistance programs for homeless students at Toledo Public Schools, which are partnerships of the City, Toledo Lucas County Homelessness Board, Toledo Public Schools, Northwest Lutheran Social Services ‘Ohio and Centers of Financial Opportunity.