The Emergency Homeowners Loan Program, part of a $1 billion HUD-funded program, is designed to assist existing homeowners who have experienced a 15% or more decrease in household income from 2009 to current and are at least 90 days delinquent in mortgage payments. This program provides homeowners who meet the criteria the opportunity to remain in their homes in the event they are at risk of foreclosure.
If you are a homeowner that could benefit from this program, please visit www.FindEHLP.org for more information and the application. The deadline for application submission is Friday, July 22. Applications can be faxed, emailed or dropped at the CHAC office, 670 Santa Fe Drive, Denver, CO 80204.