North Carolinians pay billions of dollars in state and federal taxes every year. If you’re a homeowner, you may be entitled to get some of your hard-earned money back with the Homeowner Assistance Fund.
How The Homeowner Assistance Fund Works
The North Carolina Homeowner Assistance Fund was established through the American Rescue Plan Act of 2021 to prevent mortgage delinquencies, defaults, displacements and foreclosures for homeowners experiencing financial difficulties due to the coronavirus pandemic. Assistance of up to $40,000 per household is available. (source)
Residents of North Carolina may apply at this site. You may qualify if you:
- Own and live in North Carolina as your primary residence
- Experienced financial hardship after January 21, 2020 such as lost income or higher expenses due to COVID-19
- Does your income fall below $90,000? If it is higher, you still may qualify under certain circumstances—check here. Please note that the program targets low- and moderate-income homeowners per guidelines from the US Department of the Treasury.
The further we get from the pandemic, funds for some of these programs become more scarce, so click on the websites above today to see if you qualify.
What do you think?
Are your finances still recovering from the pandemic?
Do you think that this program could benefit you and your family?
Feel free to leave a comment. If you found this post helpful or educational, please share with friends and family on social media.
Disclaimer: Please note that this article is created solely for educational and informational purposes.