Changes to the program increase the cap on assistance amount per household and modify covered period on eligible expenses.
Effective Aug. 12, changes to the HomeHelpMN program will broaden assistance to homeowners whose finances were impacted by the COVID-19 pandemic. Assistance is in the form of a grant that is used for past-due expenses, with funds paid directly to the debt holder, mortgage servicer, or county.
Cities are encouraged to share this information with residents who may be in need of assistance with mortgage expenses and qualified housing-related expenses (including property taxes) as a result of the pandemic.
Changes to the program
The changes to the HomeHelpMN program include:
- Increased cap on assistance to $50,000 per household (up from the original $35,000 limit).
- Removal of the time restriction on past-due expenses (previously limited to expenses incurred after Jan. 21, 2020).
- Applications now accepted until funds are expended (previous application deadline was June 17).
About the HomeHelpMN program
The American Rescue Plan Act created the Homeowner Assistance Fund, a federal program that provided $10 billion to states to help households behind on mortgages and other housing expenses due to COVID-19. The HomeHelpMN program uses that federal money to provide grants to eligible Minnesota homeowners to pay overdue mortgage payments and housing-related expenses because of the pandemic, including property taxes, homeowner insurance, manufactured home lot rent, and homeowner association fees.