Property Tax Relief Extended to California Homeowners
August 16 – Eligibility requirements for property tax relief have been expanded to help landlords struggling to make housing payments.
The California Mortgage Relief Program is offering a one-time grant that will help homeowners catch up on property taxes or mortgage payments due to financial issues brought on by COVID-19.
Assistance will now include coverage for overdue property taxes for homeowners with and without a current mortgage. According to a news release, those who qualify can receive up to $20,000 in property tax relief.
“I am thrilled to partner with the expansion of this program to help homeowners offset some of the financial hardship they may have experienced during the pandemic,” said Yuba County Treasurer and Tax Collector, Dan Mierzwa, in a statement.
According to the program’s website, homeowners must have experienced financial hardship related to the pandemic and have at least one late payment on their property taxes by May 31 to be eligible for financial relief.
Others may also qualify for mortgage relief if they missed at least two mortgage payments by June 30 and are currently in arrears, officials said. The original requirement date was December 21, 2021, but has since been extended. Those who qualify for mortgage relief can receive up to $80,000, the website says.
Owners must also meet income requirements set by their county in order to qualify.
Their household income must be at or below 150% of the median income in their region. A calculator to determine income needs based on family size is available on the program website.
Homeowners can check if they qualify for property tax or mortgage relief by visiting CaMortgageRelief.org. A funding application is available for those who pass a pre-screening test.