October 31, 2012
The FHA and HUD have issued a press release announcing FHA loan assistance to victims of Hurricane Sandy in New York and New Jersey. According to press releases HUDNo.12-166 and
August 20, 2012
The FHA and HUD have issued press releases announcing disaster relief for victims of fires and storms across three states. FHA relief programs are now available for residents of federal disaster areas in Montana affected by wildfires there, plus storm victims in Maryland and Wisconsin. FHA relief is available to homeowners in federally declared disaster areas once such declarations are officially made. U.S. Housing and Urban Development Secretary Shaun Donovan said in recent press releases, “Families who may have been forced from their homes need to know that help is available to begin the rebuilding process,” said Donovan. “Whether it’s foreclosure relief for FHA-insured families or helping these counties to recover, HUD stands ready to help in any way we can.” FHA help for those in the affected areas includes | more...
July 23, 2012
A recent HUD press release, HUDNo.12-117, announced disaster assistance for New Jersey storm victims, including those with FHA guaranteed mortgages. On Thursday, July 19th, President Obama announced a disaster declaration for Atlantic, Cumberland and Salem Counties. According to the press release, “The President
July 6, 2012
A press release found on the FHA official site announces federal disaster assistance for victims of Tropical Storm Debbie in the state of Florida. According to HUDNo.12-110, President Obama has issued disaster declarations in several counties including Baker, Bradford, Clay, Columbia, Franklin, Hernando, Highlands, Pasco, Pinellas, Suwannee, and Wakulla. The President
April 20, 2012
The FHA and HUD have announced disaster assistance for victims of recent storms in Hawaii. According to a press release issued by the Department of Housing and Urban Development, the department will “speed federal disaster assistance to the State of Hawaii and provide support to homeowners and low-income renters forced from their homes following severe storms, flooding and landslides” during the month of March. The announcement comes after a presidential disaster declaration for Hawaii’s Kauai County. According to the press release, “The President
September 1, 2011
With Hurricane Irene now a memory, the job of cleaning up and recovering still challenges many communities. President Obama has declared parts of New York and North Carolina as federal disaster areas, and the FHA has announced help for those in those areas. We’ve run quite a number of these announcements in 2011, and regular readers likely notice a pattern; FHA assistance for federal disaster areas includes FHA loan foreclosure moratoriums, forbearance and other assistance, it also includes FHA loan help in the form of the FHA 203(k) rehab loan. The FHA 203(k) is one of the most important types of help FHA/HUD offers to those in the disaster areas because it offers a long-term solution in addition to assistance with short-term issues. Storm victims need temporary shelter, food, clothing | more...
August 31, 2011
Hurricane Irene and its aftermath have dominated headlines in the last part of August 2011, and while recovery efforts continue other communities are also getting assistance for non-hurricane related issues. The most recent press release from the FHA and Department of Housing and Urban Development announced FHA help for Hurricane Irene victims in Puerto Rico, but in Iowa, help is also on the way for those who experienced storm and flood damage from weather problems in July. According to HUD press release 11-176, “HUD will speed federal disaster assistance to the State of Iowa and provide support to homeowners and low-income renters forced from their homes following severe storms, straight-line winds, and flooding during the period of July 9-14, 2011.” On August 30, 2011, President Obama declared federal disaster areas | more...