Kathi Paradis

More financial aid available for NH homeowners

By Kathi Paradis

Homeowners with low incomes might now qualify for financial aid up to $40,000 to prevent foreclosure, displacement, or loss of utilities or home energy services.

Help has arrived for New Hampshire homeowners who experienced financial hardship during the pandemic.

Homeowners with low incomes might now qualify for financial aid—up to $40,000 in mortgage assistance, $40,000 in property charges default assistance, and up to $5,000 in utility/internet assistance—to prevent home foreclosure, homeowner displacement, or loss of utilities or home energy services.

FB_ROC_Home-at-Fox-HillMany of our Welcome Home Loan borrowers are eligible to receive this assistance to help them retain their homes and get back on the path to financial well-being.

The NH Homeowner Assistance Fund web portal has a questionnaire that can help you determine whether you’re eligible, and you can apply without leaving the site. The portal is available in several languages, and people having difficulties with it can get help from AHEAD, by calling (800) 974-1377, ext. 1014.

The Community Loan Fund also offers an Easy Assistance Program to Welcome Home Loan borrowers who need solutions and support. Visit the website or call (888) 925-1982.

Kathi Paradis is the Community Loan Fund's Vice President of Residential Lending and Compliance.


About the New Hampshire Community Loan Fund
The New Hampshire Community Loan Fund, based in Concord, N.H., turns investments into loans and education to create opportunity and transform lives. We collaborate with a wide range of donors and investors, and with business, nonprofit, and government partners, to provide the financing and support people need to have affordable homes, have quality jobs and child care, and become financially independent. Established in 1983, the Community Loan Fund was one of the first Community Development Financial Institutions in the nation and has received industry awards and recognition for social impact, financial strength, and performance.

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