Gov. Reynolds details rent, mortgage aid during COVID-19 pandemic

GOVERNOR REYNOLDS ANNOUNCED A NEW AID PROGRAM TODAY FOR FINANCIALLY-STRAPPED RENTERS AND HOMEOWNERS. THIS NEWS COMES AFTER SHE ALLOWED HER PANDEMIC MORATORIUM ON EVICTIONS AND FORECLOSURES EXPIRE. KCCI’S CHRIS GOTHNER IS LIVE AT THE STATEHOUSE WITH THE PROGRAM DETAILS. CHRIS: STEVE, THE GOVERNOR PROMISED A PROGRAM EARLIER THIS WEEK. TODAY, WE LEARNED THE DETAILS. HOMEOWNERS AND RENTERS CAN GET SOME STATE RELIEF. GOVERNOR REYNOLDS AND IOWA FINANCE AUTHORITY DIRECTOR DEBI DURHAM LAID OUT THE IOWA EVICTION AND FORECLOSURE PREVENTION PROGRAM FRIDAY. IT COMES AFTER THE MORATORIUM ON EVICTIONS AND FORECLOSURES EXPIRED THIS WEEK, CAUSING CONCERN FOR HOUSING ADVOCATES. RENTERS CAN SEEK UP TO FOUR MONTHS OF RENTAL ASSISTANCE UP TO $3200. HOMEOWNERS CAN SEEK MORTGAGE PAYMENT ASSISTANCE UP TO $3000. ALL FOR PAYMENTS BEGINNING APRIL 1. DURHAM LAID OUT HOW MANY IOWANS ARE EXPECTED TO BENEFIT. >> WE REALLY DO NOT KNOW BECAUSE OF THE QUALIFICATION ISSUES. WE DON’T KNOW HOW MANY PEOPLE ARE GETTING THAT EXTRA $600 A WEEK, BUT WE HAD ESTIMATED. WE ARE PREPARED TO TAKE 20,000 APPLICATIONS. CHRIS: AS DURHAM SAID, PARTICIPANTS WILL HAVE TO QUALIFY. THEY HAVE TO DEMONSTRATE A LOSS OF INCOME DUE TO COVID-19. HOUSEHOLD INCOME MAY NOT EXCEED 80% OF THE MEDIAN FAMILY INCOME. PEOPLE RECEIVING THE EXTRA $600 A WEEK IN CARES ACT UNEMPLOYMENT BENEFITS DO NOT QUALIFY. ALL PAYMENTS GO TO THE LANDLORD OR THE MORTGAGE COMPAN IF YOU’D LIKE MORE INFORMATION ON THIS PROGRAM, WE’LL HAVE A LINK ON THE KCCI 8 MOBIL

Gov. Kim Reynolds detailed aid available for renters and homeowners struggling to pay rent or mortgages during the COVID-19 pandemic.The governors’ moratorium on evictions and foreclosures expired Wednesday.During the governor’s daily COVID-19 news conference, Reynolds and Iowa Finance Authority Director Debi Durham laid out the Iowa Eviction and Foreclosure Prevention Program.Under the program, renters can receive four months of rental assistance up to $3,300. Homeowners can seek mortgage payment assistance of up to $3,000 dollars.Financial assistance applies to payments beginning April 1. To receive aid, Iowans must prove a loss of income due to the COVID-19 pandemic.Household income may not exceed 80% of the median family income and recipients cannot be receiving the additional $600 per week in CARES Act unemployment benefits.All payments go to the landlord or the mortgage company.Additional details on the Iowa Eviction and Foreclosure Prevention Program can be found here.

DES MOINES, Iowa —

Gov. Kim Reynolds detailed aid available for renters and homeowners struggling to pay rent or mortgages during the COVID-19 pandemic.

The governors’ moratorium on evictions and foreclosures expired Wednesday.

During the governor’s daily COVID-19 news conference, Reynolds and Iowa Finance Authority Director Debi Durham laid out the Iowa Eviction and Foreclosure Prevention Program.

Under the program, renters can receive four months of rental assistance up to $3,300. Homeowners can seek mortgage payment assistance of up to $3,000 dollars.

Financial assistance applies to payments beginning April 1.

To receive aid, Iowans must prove a loss of income due to the COVID-19 pandemic.

Household income may not exceed 80% of the median family income and recipients cannot be receiving the additional $600 per week in CARES Act unemployment benefits.

All payments go to the landlord or the mortgage company.

Additional details on the Iowa Eviction and Foreclosure Prevention Program can be found here.

Gov. Reynolds details rent, mortgage aid during COVID-19 pandemic

TRACKING THE COVID-19 VACCINE

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