Providing Relief: Colorado’s Emergency Mortgage Assistance Program
For Coloradoans encountering challenges in meeting their housing expenses, the Colorado Emergency Mortgage Assistance Program (EMAP) offers valuable support to help stabilize their housing situations. This program, funded by federal Homeowner Assistance Funds in response to the COVID-19 pandemic, aims to provide targeted relief to eligible homeowners facing difficulties with overdue payments.
Understanding EMAP
The Emergency Mortgage Assistance Program is a strategic initiative designed to address the specific needs of homeowners affected by the economic repercussions of the pandemic. By utilizing federal funding, EMAP assists homeowners in catching up on past-due housing-related expenses, which may include mortgage payments, property taxes, lot rent, insurance premiums, and utility bills.
Who Can Benefit from EMAP?
If you are a homeowner in Colorado struggling to manage housing payments due to pandemic-related financial challenges, you may qualify for assistance through EMAP. The program targets various housing-related financial burdens, such as:
- Homeowners insurance payment
- Loss of utilities or home energy services
- Paying off or paying down Chattel Loans
- Lot rent for owner occupied mobile homes
- Mortgage defaults, delinquencies, and/or foreclosures
- HOA payments, delinquencies, and/or liens
- Past due taxes
Accessing EMAP
Eligible homeowners can learn more and apply at www.mortgagehelpco.org
