Black Land Update: Texas Department of Housing and Community Affairs Seeks Input
Deadline to comment is 5:00 pm Central Time TODAY Wednesday, September 15
Earlier this spring, the federal government authorized billions of dollars in funding for homeowners assistance. As part of the American Rescue Plan Act, the Texas Department of Housing and Community Affairs (TDHCA) will receive $842,214,006 access to assist homeowners across the state who are struggling to pay their mortgage because of economic impacts from the Covid-19 pandemic.
The purpose of the funds is to prevent mortgage delinquencies/defaults, and foreclosures, for homeowners experiencing financial hardship after January 21, 2020. Funds may be used for assistance with mortgage payments, homeowner’s insurance, utility payments like gas, light, and water bills, and other purposes.
TDHCA is currently seeking advice from the public on their plan to distribute these funds to Texas homeowners. This is an excellent opportunity for Texas homeowners to advocate for funding for title clearing assistance programs and outreach/education programs to help heirs’ property owners access the full homestead exemption. Read the draft Revised Homeowners Assistance Fund Plan here.
Currently, the plan includes a Reinstatement Program to eliminate mortgage loan delinquencies and prevent foreclosure by reinstating mortgage loans that are at least thirty days delinquent. Eligible homeowners are those at or below 100% of the median income for the United States.
Many Texas freedom colony descendants are vulnerable to foreclosure actions from partition sale because of the problems associated with clearing title to inherited property. This public comment period provides an opportunity to make your voices heard.
Public Comment Period ends: 5:00 pm Central TODAY Wednesday, September 15, 2021. Comments can be submitted by email; be sure to reference the Homeowner Assistance Fund. Comments received after 5:00 pm Austin local time on Wednesday, September 15, 2021, will not be accepted.
Written comments may be submitted, in hard copy/fax or electronic formats to: Texas Department of Housing and Community Affairs Attn: Texas Homeowner Assistance Fund P.O. Box 13941 Austin, Texas 78711-3941 Fax: (512) 475-4798 Email: txhaf@tdhca.state.tx.us
Be sure to reference the specific draft rule, policy, or plan related to your comment by name; in this case, the Homeowner Assistance Fund Plan.
Please be aware that all comments submitted to the TDHCA will be considered public information. You should avoid including any personal details or any information you do not wish to be made public.