Greensboro residents can apply for rental and mortgage help below the CARES Act
According to a notice from the City of Greensboro, the application process differs depending on whether you are a tenant or a homeowner.
GREENSBORO, NC – (Editor’s note: The attached video is from an earlier story.)
Qualified Greensboro residents can now apply for a one-time emergency rent / utility and mortgage assistance in view of the economic impact of COVID-19.
That’s because the city of Greensboro received approximately $ 2 million from the Federal Coronavirus Aid, Relief and Economic Security (CARES) bill.
According to a notice from the City of Greensboro, the application process differs depending on whether you are a tenant or a homeowner. Both programs are coordinated by the city’s neighborhood development department, which has allocated more than $ 713,000 for rental and utility assistance and $ 100,000 for mortgage assistance.
To qualify for either program, your home must be within Greensboro city limits and applicants must be at least 18 years of age and have a household income of less than 80 percent of the median area income.
To receive rental assistance of up to $ 1,500 (payable to your landlord) and up to $ 400 for utilities, you must keep your rental agreement updated by February 29 and the rental for April, May and / or June.
This program is administered by the contractor Greensboro Housing Coalition of Neighborhood Development. Visit the company’s website for information on how to apply and the required documentation, or call the agency at 336-691-9521.
To receive up to $ 1,500 mortgage assistance (payable to your mortgage company), you must keep your mortgage up to date by February 29th and payments by June 30th. In addition, the home for which you are seeking assistance must be your primary residence.
This program is managed by the contractor Housing Consultants Group. Visit the company’s website for information on how to apply and the required documentation, or call the agency at 336-553-0946. 2.
The application process for both programs will continue until the allocated funds have been spent. For further information, click here.