New Housing Assistance Program Set to Start October 1st
The Live Well Erie Housing Advisory Taskforce recently announced a partnership with them and various nonprofits to help make additional money from the CARES Act available to renters and homeowners who have fallen behind on their payments due to the COVID-19 Crisis.
Starting October 1st, applications for the Live Well Erie & City of Buffalo CARES Act Rental & Mortgage Assistance Program are available to individuals and families in Erie County who have an income of less than 85% of the New York State median income need help to pay their rent and mortgage payments because they have lost their income because of Coronavirus.
If you are a household of 4, you can qualify for assistance if your income is less than $81,549
The Task Force is a coalition of various local governments and nonprofits that have been working for the last few months to come up with a program that can help assist those in need who have been negatively impacted by the COVID-19 crisis.
There is up to $10 million available, with $5 million available to renters and $5 million available for homeowners. The program is able to assist with a maximum of 5 months' worth of payment, with a $3,500 cap.
Applications become available beginning October 1st.