Emergency Homeowners' Loan Program, Deadline Jul. 22

Nuestra CDCThe U.S. Department of Housing and Urban Development has launched the Emergency Homeowners' Loan Program (EHLP). The program is designed to provide mortgage payment relief to eligible homeowners experiencing a drop in income of at least 15 percent, directly resulting from involuntary unemployment or underemployment due to adverse economic conditions and/or a medical emergency. The mortgage relief covers past-due mortgage payments, as well as a portion of the homeowner's mortgage payment for up to 24 months (up to $50,000).

Nuestra is working to assist local homeowners through the EHLP process. The deadline to apply is July 22, 201. Individuals may be eligible to receive $50,000 in mortgage assistance for up to 24 months. To apply, call (617) 334-5788 or email homeownership@nuestracdc.org. Read more here.