Here you will find tools and resources on how to navigate renters and mortgage assistance programs, as well as State actions to provide relief for Arizonans.
Governor Doug Ducey signed an executive order extending an eviction moratorium on residential evictions until October 31, 2020. The order also allocated $650,000 for Community Action Agencies to improve staffing and administration of rental assistance programs and $5 million to establish the Foreclosure Prevention Program.
Governor Ducey announced $5 million in new funding as a part of Arizona Department of Housing’s (ADOH) Rental Eviction Prevention Assistance Program to help Arizonans struggling to pay rent due to the COVID-19 outbreak. Rental assistance is available to renters whose primary residence is in Arizona and who have seen a reduction in income (that when annualized does not exceed 100% of the area’s median income) due to COVID-19.
Arizona Eviction Prevention Assistance
The Save Our Home AZ (“SOHAZ”) Program offers Principal Reduction Assistance, Monthly Mortgage Subsidy Assistance for under and unemployed Arizonans and Second Lien Elimination Assistance to qualified Arizona homeowners. The program’s goal is to aid Arizona’s homeowners in avoiding foreclosure by assisting with mortgage affordability (a payment that does not exceed 31 percent of gross income) inclusive of property taxes and Homeowner’s Association (HOA) fees. Your lender's agreement to participate may be required, since mortgage assistance is provided directly to lenders on the homeowner’s behalf.
Community Action Agencies in Arizona offer emergency eviction and utility assistance for renters and homeowners. Find programs in your county below.
FEDERAL MORTGAGE ASSISTANCE AND LOAN LOOKUP TOOLS
If your ability to pay your mortgage is impacted there are tools to lookup your loan provider to see if you are eligible to delay making your monthly mortgage payments for a temporary period during which you will not incur late fees or face foreclosure.
HOMEOWNER'S GUIDE TO SUCCESS
The Consumer Financial Protection Bureau developed this guide for homeowners to navigate financial hardships due to COVID-19. Homeowners can find information on late payments, connect with experts, learn how to work best with loan servicers and view mortgage assistance options.