The Texas Homeowners Assistance Fund Program is one of the several welfare programs in the nation that provides assistance.
The COVID-19 pandemic, which affected practically everyone in the world, is one of the key causes of why this occurs to people.
Texas Homeowner Assistance Program Qualifications
However, this issue affected millions of Americans living in the US. This program can help consumers pay past-due property taxes, insurance premiums, HOA dues, and condo association dues in addition to their mortgage payments.
The Texas Department of Housing and Community Affairs is the agency in charge of running this program.
The maximum amount of $65,000 per household is available to homeowners who want to be considered for this program, and it will help them with all of these housing costs.
People will be allowed to utilize up to $25,000 of that amount for unpaid property charges. People will be allowed to use $10,000 of the $65,000 per household that is available for utility assistance.
It is quite simple to meet the requirements to enroll in this program. You must first be delinquent on payments and reside in the state of Texas. But for those who want to be eligible, the most crucial component is essential.
Eligibility Criteria Of Income and Financial Hardships
You must have a household income that is equal to or less than the median income for the United States or the area in which you live.
This starts at $90,000, but depending on where you live and how big your family is, it might cost even more.
To determine the qualifying amount that applies to your location, go to the Texas Homeowner Assistance Fund (TXHAF) website.
Additionally, you must have encountered financial difficulties as a result of the epidemic after January 21, 2020.
Finally, you must fulfill any additional program requirements. Any requested paperwork must be provided.
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