INDIANAPOLIS — The Indiana Housing and Community Development Authority (IHCDA) announced recently new housing resources available to Hoosiers struggling to pay their rent and mortgage payments. In addition to re-instituting the mortgage payment assistance program through Indiana’s Hardest Hit Fund (HHF) for homeowners, IHCDA has developed a new resource guide to help homeowners and renters avoid future eviction and foreclosure.
“While the Governor’s Executive Order 20-06 protects against eviction and foreclosure in the short-term, we must continue to identify longer-term housing solutions for Hoosier families,” said Jacob Sipe, Executive Director of IHCDA. “These resources provide renters and homeowners a variety of options and support to help them continue to make their payments and avoid it in the future.”
The mortgage payment assistance program through Indiana’s HHF can provide up to $30,000 to eligible Indiana homeowners struggling to pay their mortgage. Hoosier homeowners may be eligible for mortgage payment assistance if they:
• Are an Indiana homeowner
• Own only one mortgaged home, and currently reside in that home
• Are unable to make your monthly mortgage payment and/or past-due mortgage payments because of an involuntary employment-related financial hardship such as a recent job layoff.
• Meet additional eligibility requirements based on income.
For more information, please visit: www.877gethope.org.