Home Real Estate Homeowners struggling to pay off their Amarillo mortgage can get help

Homeowners struggling to pay off their Amarillo mortgage can get help

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AMARillo, TX (KFDA) – Help is now available for homeowners in Amarillo who are delaying mortgage payments.

The city has launched a new program to help residents whose financial situation has been affected by COVID-19.

“We’ve had a lot of people calling and saying, ‘We need help with our mortgage,’” said Jason Riddlespurger, director of community development for Amarillo.

After waiting a while to get funding from the Federal Services Act, Amarillo applied to participate in his Mortgage Assistance Program.

“It will help meet a need in our community that could not have helped before,” said Riddlespurger.

Approximately $ 350,000 funding is available.

Eligibility requirements include: residency in Amarillo, loss of wages due to COVID-19, low to moderate income, and non-payment of mortgages.

“At any point during the pandemic, they could have lost their paycheck due to COVID even now,” Riddlespurger said. “Even if the children had to skip school and they had to skip work because they had to pick up the children, this could be the case.”

The amount of money for a family will be determined on an individual basis.

Those who wish must first fill out the form and, if determined that they are eligible, the city will contact them to help them complete the application.

According to the Amarillo National Bank, some local banks also offer assistance to those who have lost their wages, they have helped more than 300 people.

However, people are still seeking help due to COVID-19.

“Anyone who needs help feel free to contact my office. We still have funds for rapid relocation and homelessness prevention, ”Riddlespurger said.

Applications will be open until funding ends.

For more information, you can call 806-378-3098.

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