Did you know that the state of Indiana is still sitting on a pile of federal pandemic relief money? Best of all, you may be eligible to get some of this money for your mortgage, insurance, property taxes or more. In fact, you can get up to $50,000 in the Indiana Homeowners Assistance Fund program that I'm going to share about below.
Federal money to help Indiana homeowners pay their mortgage and more
The American Rescue Plan Act of 2021, included a provision for the Homeowner Assistance Fund. It provided up to $9.61 billion for every state, territory, and tribal entity in the United States (source). Rather than administering the money directly, the Feds handed it over to the states. Indiana residents may apply at this site. You may qualify if you meet the following criteria:
- Own and live in a home in Indiana as your primary residence
- Experienced financial hardship after January 21, 2020 such as lost income or higher expenses due to COVID-19
- Are behind on your mortgage, property taxes, property insurance, homeowner or condo fees, or utility bills.
- Have a household income at or below 150% of the National Median income
If you think you might qualify, please hurry and apply now while funds are still available. You can also do the pre-screening right here.
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Disclaimer: Please note that this article is created for educational and informational purposes.