California to Launch Cal Assist Mortgage Fund

If you have a mortgage on a fire-destroyed property you may qualify for a grant.

Starting June 12, California is launching the CalAssist Mortgage Fund to provide $105 million  in grants, with up to $20,000 going to homeowners whose homes were destroyed or left uninhabitable in recent fires and floods.

The program offers:

  • 3 months of mortgage payments, up to a maximum of $20,000
  • Funds never have to be repaid and it’s free to apply
  • Grants paid directly to your mortgage servicer
  • Funds are limited and once submitted, applications will be reviewed in the order received
  • Mortgage or reverse mortgage considered.

One may be eligible if a primary residence was destroyed or is uninhabitable due to a qualified disaster from 01/01/2023 through 01/08/2025. The application and eligibility information about the CalAssist Mortgage Fund is available at click here.

Homeowners can call the CalAssist Mortgage Fund for in-depth, one-on-one assistance with preparing and completing their application. Call 800-501-0019 from 8 a.m. to 5 p.m., Monday through Friday. Additionally, homeowners can also access free support and services from HUD-certified housing counseling agencies.

“Homeowners whose home was destroyed in a recent fire, flood or other disaster deserve support in their recovery,” Governor Gavin Newsom said. “We know that recovery takes time, and the state is here to support. Today, California is extending this ongoing support to disaster victims in Los Angeles and beyond, by assisting with mortgage payments to relieve financial pressure and stress as families rebuild and recover.”

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2 Responses to California to Launch Cal Assist Mortgage Fund

  1. Janelle Pauer says:

    Are applicants in danger of waiving their right to sue any governmental agencies if accepting this grant?

  2. Sue says:

    Janelle,

    Good question. If you are involved in a law suit, please ask your lawyer. I don’t know the terms the grant is requiring.

    Sue

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