City Announces Financial Assistance for Mortgage & Rent Payments

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FRAMINGHAM – the City of Framingham announced this evening, April 22 it has established a temporary financial assistance program for those impacted by COVID-19:

In response to the pandemic, the City of Framingham will provide relief of rent, mortgage, and/or utility payments for two months to alleviate the burden for households that have lost their employment and primary income as of March 10, 2020.

Using Community Development Block Grant allocations and additional funding provided by Congress through the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the city created the program for residents who meet requirements through the provision of information requested on
the below checklist:


Program Goal:
• To alleviate financial pressure for households experiencing hardship during the COVID-19 pandemic
• To provide greater economic security to homeowners and rental property owners


Application Checklist

  1. For Renters:
    • Applicants and/or co-applicants must have been employed prior to the pandemic and was/were laid off or terminated as a result
    ▪ Proof letter from employer showing termination and eight weeks of pay stubs for the period prior to hardship onset
    ▪ Copy of lease agreement or letter from property owner stating the rent
    ▪ Evidence of good standing with owner and not subject to an eviction for failure to pay rent prior to pandemic
  2. For Property Owners:
    • Applicant and/or co-applicant must have been employed prior to the pandemic and was/were laid off or terminated as a result
    o Proof letter from employer showing termination and eight weeks of pay stubs for the period prior to hardship onset
    o Notification from lender that property owner does not qualify for a mortgage forbearance or suspension
    • Mortgage statement showing the amount of principal and interest
    • Verification of good standing with payments on mortgage
  3. Financial Institution Account Information:
    • Copies of checking account statements for the last six (6) months
    • Most recent statement of saving account(s), IRA, stocks/bonds, annuities, CDs, mutual funds,
    money market accounts, etc.
  4. Proof of Identification for All Applicants and Co‐ Applicants:
    o Driver’s License/State ID o Social Security Card o Birth Certificate and/or Immigrant Status (i.e. Green Card, Naturalization Certificate or US Passport)
  5. Housing Expenses:
    • Provide copies of most recent statement(s):
    _Mortgage or _Rent _Water/Sewer _Gas _Oil _Electric
    • The program does not pay taxes or arrearages, i.e. past due payments or debts of rent, mortgage or utilities. It covers up to two months of forthcoming expenses based on invoices for those periods, and there is a $5,000 expense cap per renter or landlord, one address limit per landlord.

Click here for the application

editor

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