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You are here: Home / Type of Grant / Grant / Cares Act CDBG-CV Mortgage Assistance Program – Texas

Cares Act CDBG-CV Mortgage Assistance Program – Texas

Dated: December 13, 2022

The City of Galveston has funding available to provide emergency mortgage assistance to households that have experienced financial hardship because of reduction or loss of income due to COVID-19.

Donor Name: City of Galveston

State: Texas

City: Galveston

Type of Grant: money

Deadline: 12/28/2022

Details:

Under the Mortgage Assistance program, the City can assist households with up to 100% of the payment for mortgage payments. The program will allow up to 3-months of assistance. Mortgage Lender must agree to participate. This program does allow for the payment of back mortgage due.

Eligibility Criteria

  • To receive mortgage funds applicant:
    • Must be able to document financial impact due to the loss of income or job due to COVID-19
    • Must be a legal resident/citizen of the United States
    • Must live in Galveston City
    • Have income at or below HUD-specified income limits
    • Must not have more that 8,000 liquid assets
    • Other restrictions do apply
    • You are NOT eligible if you are receiving other assistance for the same period.

For more information, visit City of Galveston.

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