HUD extends aid program for unemployed homeowners

So HUD has this program to help unemployed homeowners make their mortgage payments — the Emergency Homeowners Loan Program. The EHLP had $1 billion in funding to be used to give interest-free loans of up to $50,000.

The program officially ended on July 27, but HUD found it had money left over. So it’s taking applications through September 15 through its NeighborWorks America housing counselors — until the funds run dry.

Click here for more info you can give clients on getting help.

About Andrew Kantor

Andrew is VAR's editor and information manager, and -- lessee now -- a former reporter for the Roanoke Times, former technology columnist for USA Today, and a former magazine editor for a bunch of places. He hails from New York with stops in Connecticut, New Jersey, Cincinnati, Columbus, and Roanoke.
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One Response to HUD extends aid program for unemployed homeowners

  1. Moe says:

    Thanks for the update. We have helped several people with the program out here in AZ. We were one of the hardest hit states with forclosures and unemployment. HUD has done a great job with this program. I wasn’t aware of the extension. Thanks for the information. I will pass the News along.

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