For those who are struggling with housing

Some folks made it through the pandemic with the same job or a better job and with bigger savings accounts due to less

spending during the various lockdowns.

There is help for people who are struggling to pay their mortgage. Here is information on the Consumer Financial Protection Bureau website.

Rental assistance is also coming soon through Minnesota Housing, check the website for details.

The last year has been very unkind to women and to hourly wage workers when it comes to job loss.

If you are struggling to pay rent or make mortgage payments please be proactive. Forbearance programs are fairly painless. The period of the mortgage is extended and missed payments are tacked onto the end.

As a general resource, I always recommend the Minnesota Home Ownership Center for home buyers and homeowners. They offer a variety of programs including counseling and foreclosure prevention.

In other news CARES Act Foreclosure Moratorium – (applies to FHA, VA, USDA, Fannie Mae and Freddie Mac backed mortgages – about 70 percent of homeowners) has been extended to June 30, 2021

The CDC Eviction Moratorium – Expires March 31 (applies to renters)

Find updates on the Minnesota Home Ownership Center website under “news”.

green house
House on Michigan Street – West 7th neighborhood
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