State program aims to help financially struggling homeowners
MADISON, Wis. (WSAW) - Homeowners with overdue mortgage, utility or other household bills as a result of the pandemic may be eligible for financial relief.
Monday, Gov. Tony Evers released details about the Wisconsin Help for Homeowners program. It will provide more than $92 million in financial assistance. The program will help Wisconsin homeowners who live in single-family homes, condominiums, duplexes, or factory-built homes as a primary residence, have experienced a qualified financial hardship after Jan. 21, 2020, and earn a household income at or below 100 percent of the area median income.
Even homeowners without a mortgage who meet income requirements and are struggling with overdue bills related to their homes are encouraged to apply for assistance. Up to $40,000 per household may be available.
An online application is available now, and additional eligibility information is available on the Wisconsin Help for Homeowners website. Applications are open on a first-come, first-served basis. A dedicated call center will provide additional information about application options at 1-855-2-HOME-WI.
The Wisconsin Help for Homeowners program and the federal Homeowner Assistance Fund is funded through the American Rescue Plan Act.
Copyright 2022 WSAW. All rights reserved.