1 Kristina Santana
From: Andres Martinez <[email protected]>
Sent: Tuesday, February 6, 2024 11:11 AM
To: Kristina Santana
Cc: Wilson Truong; Brandi Garcia-Valdes
Subject: [Possible SPAM: Barracuda] FOR PUBLIC COMMENT: NON-AGENDA ITEM Importance: Low
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Dear Diamond Bar City Council,
We are reaching out on behalf of the State of California Mortgage Relief Program(https://camortgagerelief.org/) to provide an important update that could assist thousands of your constituents. Homeowners behind on 2 payments of mortgage starting February 1 can now apply to the program and receive up to $80,000 in payments that do not need to be paid back. The previous delinquency date was August 1st.
There are limited funds remaining for late mortgage and property tax payments through the California Mortgage Relief Program (CMRP) with an even later delinquency date for missed payments (February 1 st). Through $750 million in funds, CMRP has already funded over 30,000 homes throughout California to help homeowners stay in their homes and get caught up with their mortgage. CMRP is open to all eligible Californians and is absolutely free—funds never need to be paid back. Grants from the program are paid directly to your bank or mortgage servicer. The program's website is available in 6 languages (English, Spanish, Korean, Chinese, Vietnamese, & Tagalog.)
The link for the toolkit is provided here (https://camortgagerelief.org/partner-resources/). The resource page has more information to share with your network and materials. Homeowners can visit the application questionnaire here to find out if they qualify. Property tax has now been added which covers 1 payment owed prior to February 2022.
When possible, I’d like to hold a call to go over more details on the program and help gather any questions that you may have. Looking forward to how we can work together.
More details of the program:
Previously awarded homeowners who are still eligible and need more assistance can return for additional funds with a maximum of $80,000 in total assistance Assistance is now available for homeowners with partial claim second mortgages or loan deferrals taken during or after January 2020
2 The delinquency date for assistance with past-due mortgage and property tax payments was reset - applicants must have missed at least two mortgage payments OR at least one property tax payment prior to February 1, 2024
Homeowners with a primary residence that includes up to 4 units on the property may now be eligible
Must have faced a pandemic-related financial hardship after January 21, 2020 Must have missed at least 2 payments by February 1, 2024, and are currently behind. Full list of eligibility requirements here: https://camortgagerelief.org/whoiseligible/ Thank you,
Andrés Martínez Pais
Andrés Martínez Pais, Account Executive
IMPRENTA COMMUNICATIONS GROUP, INC
It’s About Winning.
www.icgworldwide.com
Tel: (888) 494-0080
Cell: (626) 660-8183