Ville de Racine launches a mortgage assistance program for owners economically affected by COVID-19 | Local News I Racine County Eye

Town of Racine – Today, the Town of Racine launched its COVID-19 Mortgage Relief Program, allocating $520,000 to help homeowners in the town who may be behind on mortgage payments and utilities due to the pandemic.

These mortgage relief funds are Community Development Block Grants Act (CDBG)-CARES funds. The city partners with nonprofit organizations Housing Resources, Inc. (HRI) and Legal Action of Wisconsin (LAW) to screen applicants and disburse these funds to qualified city residents.

“We know that many homeowners in the town of Racine are struggling to meet their monthly mortgage payments due to the economic hardship associated with the pandemic,” said Racine Mayor Cory Mason. “The Town of Racine is committed to helping landlords through this crisis and we hope these funds will help relieve some of the financial stress that landlords may be facing during these difficult times.

To be eligible for this assistance, the property must be either a single-family home or a maximum of 4 units, and must be owner-occupied and located in the Town of Racine. The property must also be secured by a mortgage. Homeowners applying for this assistance must have a current family income not exceeding 80% of the median income for the region ($61,500 for a family of 4) and must have experienced a loss of income due to the COVID-19 pandemic. 19 after March 1, 2020. Full eligibility criteria and a Frequently Asked Questions document are available at

Trena Bond, Executive Director of Housing Resources, Inc. (HRI), “This funding will provide a lifeline to Racine homeowners impacted by COVID-19 and help them stay in their homes during these unprecedented times. We are grateful for the City of Racine’s commitment to neighborhood stabilization and for partnering with Legal Action of Wisconsin on this initiative.

Applicants for this mortgage assistance will be able to apply and upload documents through an online application link at For questions or additional assistance, contact the Mortgage Help Line at (262) 222-6688.

These funds will be distributed on a first-come, first-served basis and are a one-time grant. Eligible homeowners may be eligible for up to 6 months of mortgage payment assistance, and all payments will be made directly to the mortgage company.

Franscisca Lassa, Chief Counsel for Racine’s Wisconsin office, Legal Action, said, “Legal Action of Wisconsin is excited to work with our partner HRI to help Racine residents resolve their legal issues related to housing stability.

“The COVID-19 pandemic has had significant economic consequences for our community and it is incumbent on us as a city to do what we can to mitigate these consequences for our residents. It is paramount to keep people at home during these difficult times,” said Mayor Cory Mason. “I am incredibly proud and grateful for the work of our partners, Housing Resources Inc. and Legal Action of Wisconsin, for their commitment to helping city residents. We appreciate the work of these trusted nonprofit partners to help Root owners struggling during the pandemic.