Agency encourages homeowners to apply for pandemic mortgage relief funds
The Kansas Housing Resources Corporation is encouraging homeowners who have experienced hardship during the coronavirus pandemic to apply while there are still funds left in the agency’s Kansas Homeowner Assistance Fund.
The temporary emergency program, which was established with American Rescue Plan Act funds, is intended to help qualifying Kansas homeowners catch up on mortgage payments and avoid foreclosure. Applicants must own their home in Kansas and be at least 30 days past due on mortgage or property taxes. In addition, the home must be the applicant’s primary residence, the applicant’s recent income cannot exceed 150% of the area’s median income, and their household must have experienced financial hardship during the pandemic.
Eligible homeowners can receive payment assistance for mortgages, utility bills, property taxes and other charges associated with delinquency. There’s no application fee or payment required to receive funding assistance via the Kansas Homeowner Assistance Fund program.
The program has disbursed 75% of its nearly $57 million in ARPA funding, the Kansas Housing Resources Corporation announced Monday. Since the program launched in April, the Kansas Homeowner Assistance Fund has distributed nearly $35 million to 3,151 households; in Douglas County, applications were approved for 118 homeowners for a total of $1,351,588.
For more information and to apply, visit kshousingcorp.org/kansas-homeowner-assistance-fund.