Money available for homeowners struggling to pay their mortgage

Local News

Funding is available to help struggling homeowners pay their mortgages during tough times. 8 News NOW first told valley viewers about Nevada Affordable Housing Assistance Corporation last month.

I-Team: $22 million available for struggling homeowners in Nevada

The organization helps homeowners struggling due to situations like losing a job, the death of a loved one, or a significant event making it difficult for them to pay their mortgage. 

Vverise Campbell of NAHAC told I-Team Reporter Vanessa Murphy what has happened since the story about the assistance program aired last month.

Verise Campbell, NAHAC: “Thank you so much, Vanessa. I’m gonna tell you after your story aired, we actually saw a huge increase in our call volume. As a matter of fact, it ended up being the highest call volume month for NAHAC.  In addition, we saw an increase of our files to be funded, so we’re looking at now a 25-percent  increase of applications because of your story.”

Vanessa Murphy, Reporter: “Thank you and great to hear that people are taking advantage of this program. Last month, you told us $22 million was left to give out. If Nevada doesn’t use it, the state loses that money. What’s the update?

Verise Campbell, NAHAC: Well, now because of your story, we have about $21 million left. So we’re very happy to see that homeowners are calling. However, we still know there’s a need.  This is the holiday time, and we know that our highest program is an employment program.   So we want to see more homeowners call us, if you’re behind in your mortgage, if you’re unemployed, if your payment is unaffordable, please call us.” 

Vanessa Murphy, Reporter: “And there is a deadline, this needs to happen within the next two years. Correct?” 

Verise Campbell, NAHAC: “That’s correct.  We’re looking at wrapping this program December 2020.”

Vanessa Murphy, Reporter: “Okay, thank you so much, Verise. 

For more information on how you can apply for assistance go here.

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Don't Miss

Trending Stories