You are here

U.S. government COVID anti-foreclosure payments reach $3.7 billion --Treasury Department

Primary tabs

U.S. government COVID anti-foreclosure payments reach $3.7 billion --Treasury Department

Mon, 2023-07-10 09:57 — mike kraft

Treasury department says COVID anti-foreclosure payments reach $3.7 billion The U.S. Treasury Department said on Friday that state programs using its COVID-19 Homeowner Assistance Fund distributed $1.2 billion in aid to homeowners in the first quarter of this year, bringing the program's total payments to $3.7 billion so far. Payments from the $10 billion program, launched as part of President Joe Biden's pandemic-related 2021 American Rescue Plan Act, have reached more than 318,000 households at risk of foreclosure, the department said. Nearly half of the assistance has reached "very low-income homeowners" earning less than 50% of their area's median income, according to the Treasury data. Yahoo Finance

Country / Region Tags:

General Topic Tags:

Housing / Shelter

Problem, Solution, SitRep, or ?:

Situation Report

Groups this Group Post belongs to:

- Private group -

Log in or register to post comments

Workflow history

Revision ID	Field name	Date	Old state	New state name	By	Comment	Operations
			No state	No state

Page loaded in 0.507 seconds.