The county’s COVID-19 recovery mortgage assistance program is funded by money from the federal Coronavirus Aid, Relief, and Economic Security Act. It follows a similar $20 million suburban renters assistance program set up in August.
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Cook County Board President Toni Preckwinkle announces a mortgage assistance program at Daley Plaza Thursday morning, Oct. 8, 2020. The program, funded by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, will help income-eligible households pay one to three months of overdue or future mortgage payments. | Pat Nabong/Sun-Times
Right after the 2008 housing crash and economic downturn, Alma Anaya said her family lost their home.
The Democratic Cook County commissioner drew on that experience Thursday as she and other County Board members announced a $20 million mortgage assistance program designed to help keep roofs over the heads of cash-strapped suburban residents reeling from the financial impact of the coronavirus pandemic.
“Our home that was full of memories — childhood memories and others — and I know the devastation that can cause to working families when they lose their homes,” Anaya said. “They lose the place where they’re used to going to after school or after work. So, it’s extremely important that we do something about that before we get to the insecurity that will be happening for a lot of our families. It is extremely important that we’re being proactive about it.”
The county’s COVID-19 recovery mortgage assistance program is funded by money from the federal Coronavirus Aid, Relief, and Economic Security Act. The mortgage payment program follows a similar $20 million suburban renters assistance program set up in August to help with rent payments.
Right after the 2008 housing crash and economic downturn, Alma Anaya said her family lost their home.
The Democratic Cook County commissioner drew on that experience Thursday as she and other County Board members announced a $20 million mortgage assistance program designed to help keep roofs over the heads of cash-strapped suburban residents reeling from the financial impact of the coronavirus pandemic.
“Our home that was full of memories — childhood memories and others — and I know the devastation that can cause to working families when they lose their homes,” Anaya said. “They lose the place where they’re used to going to after school or after work. So, it’s extremely important that we do something about that before we get to the insecurity that will be happening for a lot of our families. It is extremely important that we’re being proactive about it.”
The county’s COVID-19 recovery mortgage assistance program is funded by money from the federal Coronavirus Aid, Relief, and Economic Security Act. The mortgage payment program follows a similar $20 million suburban renters assistance program set up in August to help with rent payments.
Nobody helped me when I was laid off. That is not government's role.
ReplyDeleteThis is not the role of government.
ReplyDeleteIt is the role of families.
Better question is, what was the criteria and "WHO/where" received the payments for their mortgages
ReplyDeleteIt is until the other guy's money runs out.
ReplyDeleteI can't wait, then we can all refer to each other as Com-rad.
All the Democratic party members will be members of the Politburo.
America will look like eastern Europe in 1990
No, but the marxist democrats want to use real tax payer money to pay for a "certain" group because they are locust.
ReplyDeleteHold on a minute...My Obama phone is ringing.
ReplyDeleteNo more property tax increases for Seniors you are forcing them to move bankrupting them not all of them have big pensions 2 people on social security can't make it anymore!
ReplyDeleteLook into the "Senior Freeze" from the Assessor's Office.
DeleteDemocrats destroy everything......
ReplyDelete