July 2, 2012
The FHA has announced federal assistance for victims of Colorado wildfires living in two federally declared disaster areas. According to a HUD press release, HUDno.12-108, President Obama issued a disaster declaration for El Paso and Larimer Counties. “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
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...
August 29, 2011
2011 has brought one of the worst summers on record for homeowners–hurricanes, floods, and other disasters have given FHA borrowers plenty to worry about when it comes to their property. The FHA has a lot of resources that can help. Borrowers who need assistance in the wake of disasters can find a wealth of information, application forms and counseling online. In federally-declared disaster areas such as the 2011 sites in Kentucky, New Hampshire, Wyoming and many others, the FHA has issued foreclosure moratoriums and other actions designed to help borrowers in need of mortgage relief. Call 1-888-297-8685 to find out what options may be available to you in your location. The FHA offers rehab loans for those affected by disasters. The FHA 203(k) rehabilitation loan is available from FHA-approved lenders | more...