Virginia starts rent and mortgage relief program
Virginia Gov. Ralph Northam this week launched the Virginia Rent and Mortgage Relief Program (RMRP), which will provide $50 million in federal Coronavirus Aid, Relief, and Economic Security (CARES) Act funding for households facing eviction or foreclosure due to COVID-19. RMRP will provide short-term financial assistance on behalf of households in the form of rent and mortgage payments.
“Expanding access to safe, affordable housing has been and will continue to be a top priority of my administration, during the COVID-19 pandemic and beyond,” Northam said. “The Virginia Rent and Mortgage Relief Program will help Virginians experiencing financial instability as a result of this unprecedented health crisis by preventing evictions and foreclosures and keeping Virginia families safely in their homes as we battle this virus.”
The Department of Housing and Community Development (DHCD) will administer the $50 million program through a variety of partners, including nonprofit organizations and local governments, which will receive upfront funds that they will distribute on behalf of eligible households. Individuals and families receiving funding will also be connected to housing counseling and receive other technical assistance.
