Affordable Housing Online is monitoring the federal government's response to the coronavirus disease (COVID-19) outbreak.
An extensive list of coronavirus resources for low-income households can be found here.
View All Glossary Definitions
This program allows homeowners to modify their FHA-insured mortgages to reduce monthly mortgage payments and avoid foreclosure. As part of qualifying, the borrower must complete a three-month trial period making payments at the new rate.
© 2002-2021 ApartmentSmart.com, Inc.
Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs.