The COVID-19 pandemic created inequitable financial hardship for many communities in California, which has dramatically impacted at-risk homeowners. From February 2020 to May 2021, 4.9 percent of the mortgages in California went into forbearance – a total of 364,000.
The California Mortgage Relief Program provides federal funds through the California Homeowner Relief Corporation (CalHRC) to assist at-risk homeowners in difficult-to-reach, socially disadvantaged and traditionally underserved communities to keep their homes. Launched in January with a statewide media campaign, the program relies on community-based organizations for multilingual outreach and engagement to ensure income-qualified homeowners are made aware of financial resources, know how to apply and are motivated to act.
Partnering with CalHRC, The Center funded five organizations to provide outreach to homeowners who meet program requirements for mortgage assistance: American Federation of Labor and Congress of Industrial Organizations, California Rural Legal Assistance Foundation, Community Action League, Council on American-Islamic Relations – California and Vision Y Compromiso. Look for future reports about this important work.