Governor announces Eviction and Foreclosure Prevention Program details for those with COVID-19 related lost wages
The Governor announced on Friday, May 29, 2020 new details on how the State will help fund rent or mortgage costs for Iowans who have lost wages due to the COVID-19 pandemic.
The Eviction and Foreclosure Prevention Program will help renters and home owners who have lost wages by:
- Providing up to four months of assistance.
- The program can provide up to $3,200 for renters, and $3,000 for home owners.
Some qualifications for the program include:
- Individual or household has to earn no more than 80% of the median family income for the County.
- They must not be receiving the extra $600 in additional federal CARES Act stimulus unemployment benefits.
Applications will be accepted on an ongoing basis and assistance will be provided to eligible applicants on a first come, first ready to proceed basis until all funds have been exhausted.
Applications must be submitted online through the online application portal. Applications will not be accepted by email, US mail, fax, or any other means.
To learn more about the program, please visit the Iowa Finance Authority's website.