Indian River County offers rental and mortgage assistance to those impacted by COVID-19

INDIAN RIVER COUNTY — Residents who have lost income due to the coronavirus pandemic may be eligible for up to three months of rental or mortgage assistance.

A new county program is offering mortgage and rent payment assistance to those who have experienced a loss of income of at least 10% due to COVID-19 cutbacks or closures.

The county received $572,301 from the CARES Act to fund the program, said Bill Schutt, county chief of long-range planning. Applications will be accepted on a first-come, first-served basis from Monday noon.

Qualified applicants can receive up to $1,500 per month for up to three months, based on a household’s actual housing costs, Schutt said. In addition to paying monthly rent and mortgages, the money can be used for late payments, late fees and, in certain circumstances, taxes and insurance.

To be eligible, households must show at least a 10% loss of income due to COVID-19 and meet income requirements based on family size, Schutt said. Income restrictions range from $39,000 for a single person to $73,550 for a family of eight. A family of four, for example, must have an annual household income of no more than $55,700.

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A preview app allows applicants to begin compiling documents, including monthly household expenses, Schutt said.

Several help centers have been set up to help families file their claims, he said.

Applications will be accepted until December 1, but funding is limited and must be spent by the end of the year.

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Colleen Wixon is Indian River County’s watchdog reporter. To contact her with a topical tip, call (772) 978-2235 or email her at [email protected] Follow her on Twitter @TCPalmWixon.

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