Florida Housing Finance Corporation releases $75-million to help with rent and mortgage payments

FILE – This June 20, 2019, file photo shows an existing home is offered for sale in Rutledge, Ga. Americans purchased more homes in October 2019, though sales were held back by a shortage of available properties. The National Association of Realtors says that sales of existing homes rose 1.9% last month to a seasonally adjusted annual rate of 5.46 million. That’s 4.6% higher than a year ago, and suggests lower mortgage rates are propping up the housing market. (AP Photo/John Bazemore, File)

If you own a home or are renting, a brand new way to get some financial relief opens up Monday.

The Florida Housing Finance Corporation is releasing $75-million across the state to help with rent or mortgage payments.

All of this is provided through the Cares Act, which helps you if you have struggled financially because of COVID-19.

Homeowners and renters can apply for rent or mortgage help, help with emergency repairs, or for rehab, and new construction caused by COVID-19.

Starting Monday morning at 9 a.m. a toll-free coronavirus relief fund information line opens at 1-888-362-7885.

It will be available from 9 a.m. to 7 p.m. during the week.

For more information on how to apply visit the Florida Housing Finance Corporation website here.

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