City Approves $200,000 for Emergency Mortgage Assistance Program
Applications Being Accepted Now
CORPUS CHRISTI, TX – At today’s regularly scheduled City Council Meeting, Mayor Paulette M. Guajardo and City Council approved $200,000 for the Texas Emergency Mortgage Assistance Program. Eligible homeowners behind on their mortgages due to a COVID-19 related financial hardship can get help with overdue or upcoming payments.
The total number of months covered by the program for back payments, current and forward payments combined cannot exceed six months of assistance. Mortgage payments under the program are made to eligible lenders. Mortgages cannot be under threat of foreclosure. Homeowners must have incomes at or below 80 percent of the area median. For a family of four, that limit is $55,450.
Funding for the program is provided by a grant through the Texas Department of Housing and Community Affairs from the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
To apply, homeowners can visit www.cctexas.com/gmd to download an application. Applications are also available for in-person pick-up at the Neighborhood Services Department in City Hall at 1201 Leopard Street on the second floor. Applicants with questions can call 361-826-3010.
For more information visit: www.cctexas.com/gmd.
Media Inquiries contact Public Information Officer Gabriela Morrow at 361-826-3583 or email at GabrielaM@cctexas.com