The Pennsylvania Housing Finance Agency (PHFA) has financial assistance available for renters who were financially impacted by the Covid-19 Pandemic. Renters who have had a decrease in income can apply for rent relief through September 30, 2020. Renters and Landlords are able to fill out an application for rent relief at PHFA.org.
In order to be eligible for rent relief, a renter must have had at least a 30% decrease in annual income since March 1. The decrease in annual income must be related to Covid-19 or must have become unemployed after March 1, 2020 with the same 30% income loss. The Pennsylvania Housing and Finance Agency will verify a renters unemployment status with the Pennsylvania Department of Labor and Industry. If a renter qualifies for assistance a renter can receive an amount equal to 100% of their monthly rent up to $750 per month. The benefits can be applied for up to 6 months.
If a renter qualifies, payment will be made to the landlord on behalf of the renter by the PA Housing and Finance Agency. A landlord or renter can apply for the relief; however, both parties are needed to complete the application. For assistance, you can access the PHFA website, through the link above, or call their helpline at 1-855-827-3466. The Pennsylvania General Assembly has funded this program in the amount of $175 million.
If you have fallen behind on your rent or mortgage you have options. Bononi & Company, P.C. has a trusted team to help you keep your house or catch up on your rent. Due to the Covid-19 pandemic, there are many alternatives to resolving outstanding debt issues. A quick phone call or email with our team may be the difference between you being saddled with your debt or you getting a fresh start. We are here to help and make sure that you know your options.
Bononi & Company, P.C. is your local, trusted, and affordable debt relief law firm. We have offices in Greensburg, Latrobe, and Johnstown. We have been and continue to serve clients throughout Southwestern Pennsylvania, since 1985. We offer free consultations for all debt relief matters and affordable payment plans. Do not hesitate to call, email, or chat with our office today.