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California to Pay Homeowners $80,000 for Lagging Mortgage Payments
December 21, 2021
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California HomeownersGov. Gavin NewsomLocal NewsmortgageRegional NewsRegional-Local NewsSouthern CaliforniaUS
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The U.S. Department of Treasury approved California’s plan to provide $1 billion in mortgage payments for tens of thousands of struggling homeowners, the state announced Dec. 20. Called the California Mortgage Relief Program—the largest of its kind in the nation—the program offers up to $80,000 per household for past due housing payments for homeowners financially…
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