Indian River County offering rental and mortgage assistance
by Kyle Spinner
Thursday, September 3rd 2020
INDIAN RIVER COUNTY, Fla. (CBS 12) — Indian River County has launched a rental and mortgage assistance program for residents, the county announced Thursday.
Funding will be provided from coronavirus relief funds received from the Florida Housing Finance Corporation.
“With many of our residents financially impacted by COVID-19, it is vital to provide rental and mortgage assistance to our hardest-hit residents in order to provide housing security and stabilize and protect the economy of Indian River County,” said Susan Adams, chairman of the Indian River County Board of County Commissioners.
The program will provide financial assistance of up to $1,500 per month, for up to three months, to eligible households that require assistance due to economic losses caused by COVID-19.
Rental and mortgage assistance may be used for late-payments and late fees or charges. Mortgage assistance may also be used for a portion of taxes and insurance under limited circumstances as state and federal rules permit.
Applications for the program will be accepted starting Sept. 14 and come on a first come first serve basis until Dec. 1, the county said.
For more information about the program, click here.