Community Corner
Village Reminds Residents Of Available Emergency Mortgage And Rental Assistance Programs
Applications are being accepted through Sept. 4.
IHDA Emergency Mortgage Assistance Program (EMA)
The Illinois Housing Development Authority (IHDA) developed the Emergency Mortgage Assistance Program to support Illinois homeowners unable to pay their mortgages due to a COVID-19 related loss of income. If approved, homeowners will receive a grant for up to $15,000 to cover missed mortgage payments beginning as early as March 2020 and prepay mortgage payments through December 2020, or until the $15,000 is exhausted. Not all households will receive $15,000 and an application alone is not a guarantee of assistance. Assistance will be paid directly to the mortgage servicer on the homeowner’s behalf. The EMA program will only pay full mortgage payments; no partial payments will be made. Applications are being accepted through Friday, September 4.
To apply or learn more, visit IHDA’s website.
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Helpful Documents:
IHDA Emergency Rental Assistance Program (ERA)
The Illinois Housing Development Authority (IHDA) is offering rental assistance to tenants who cannot pay their rent due to a COVID-19-related loss of income. Eligible applicants will receive a one-time grant of $5,000 paid directly to their landlord to cover missed payments from March 2020 through December 2020 or until the funds are exhausted, whichever comes first. Applications are being accepted through Friday, August 28 (deadline was extended). Need help applying? The North Suburban Legal Aid Clinic is offering free support to those who need it. Learn more at nslegalaid.org.
To apply or learn more, visit IHDA’s website.
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Helpful Documents:
Cook County COVID-19 Recovery: Rental Assistance Program
The COVID-19 Recovery: Rental Assistance Program helps suburban Cook County residents having difficulty paying their rent as a result of the COVID-19 pandemic. It pays up to three months of overdue or future rent. Rental payments will be sent directly to landlords by the Housing Authority of Cook County. To qualify for this program, you must not be a recipient of other rental assistance programs. Applications are due Monday, August 24, at 4pm.
To apply or learn more, visit Cook County’s website.
This press release was produced by the Village of Northbrook. The views expressed here are the author’s own.
