INDIANA — The U.S. Department of Agriculture (USDA) has extended through Sept. 30, the eviction moratorium for homeowners of properties financed or guaranteed by USDA.
People who face eviction from homes purchased with USDA Single-Family Housing loans will have more time to maintain safe and stable housing, whether it’s in their current homes, or by obtaining alternative housing options.
USDA also reminds servicers that the Single Family foreclosure moratorium will also expire on July 31. After this date, no new foreclosure filings should occur until homeowners are reviewed for new options to reduce their payments and stay in their homes. USDA released new COVID-19 Single Family Housing Guaranteed Loan Program loss mitigation options on July 23.
Beyond Sept. 30, USDA will continue to support homeowners experiencing financial hardship due to the pandemic by making loss mitigation options available to help keep them in their homes. Homeowners and renters can also visit www.consumerfinance.gov/housing for up-to-date information on their relief options.
COVID-19 has had a lasting impact on rural America. Families have lost their homes, students have resorted to unconventional solutions to access schoolwork online, the need for food assistance has grown, and access to COVID-19 testing and vaccinations has been limited.