COLUMBUS, Ga. (WTVM) – It’s been almost 3 years and we are still feeling the effects of the pandemic. Much like some covid symptoms, one thing that may still linger from the virus is the impact of people losing income during the pandemic. This loss has cost some people their homes, but now there is help available.
“Many funds are available for Georgian homeowners who still need this assistance due to financial hardship due to the pandemic,” the Deputy Commissioner of Georgia’s Department of Community Affairs said.
Now a lot of money is available for people living in Georgia. “$354,000,000.00 has been allocated to the State of Georgia,” says the Deputy Commissioner of Georgia’s Ministry of Community Affairs. 30 million of this amount is already helping some 1,600 homeowners to help them keep their homes in times of crisis. But there are a few things you would need to qualify.
“Well, first of all, you have to be a Georgian landlord, who has been struggling financially during the pandemic,” says the Deputy Commissioner of Georgia’s Department of Community Affairs. This means that you have lost your job like the other 23 million Americans or lost some kind of income since 2020. But not only that. “Or maybe you had medical bills or maybe you were unable to work due to medical circumstances, all of these things could potentially make you eligible to receive these funds,” says the department’s deputy commissioner. Georgian Community Affairs.
The program is made available through the Georgia Department of Community Affairs and possibly prevents an economic crash. But once you’ve applied and been approved, you can expect a check to be given to your lender. “Once they’ve completed that part of the process, it can take up to 60 days for that check to be issued to that mortgage lender,” the deputy commissioner of Georgia’s Ministry of Community Affairs said.
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