India’s new mortgage relief scheme helps pandemic-hit Hoosiers

EVANSVILLE, Ind. (WFIE) – The Indiana Housing Authority is giving Hoosier homeowners a hand with paying off their mortgages.

Indiana Homeowner’s Assistance will use $167 million in U.S. bailout funding to help people pay for homes, insurance and property taxes.

Vanderburgh County Treasurer Dottie Thomas said $167 million will sit there unless people ask for help.

There are a few qualifications to apply:

  • Must have been impacted by COVID-19 and experienced financial hardship on or after January 21, 2020.
  • Own only one mortgaged house which is their primary residence.
  • Income equal to or less than 150% of area median income adjusted for household size or 100% of national median income of $79,900.

Eligible properties include:

  • Single family properties.
  • Condominium units.
  • Properties of 1 to 4 units where the owner lives in one as his main residence.
  • Manufactured homes permanently attached to real estate and taxed as real estate.

Thomas says it can only help if you’re already behind on your mortgage payment, not if you think you’ll be late soon.

“I’m just trying to get the word out so people know it’s there,” Thomas said. “I know there are people who have been affected by the pandemic and I just want them to know that help is there for them.”

If you call the Treasurer’s Office at (812) 435-5248, they can answer your questions and tell you where to apply.

You can also apply online here:

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