The DC MAP (Mortgage Assistance Program) COVID-19 will provide financial assistance commencing with April 1, 2020 payments of monthly mortgage principal, interest, escrowed property taxes, escrowed homeowners insurance, escrowed monthly mortgage insurance, condominium fees or homeowners association fees, past late fees due commencing with April 1, 2020 payment, and current late fees for those District homeowners who have been financially impacted by COVID-19 causing a loss of income. The financial assistance will be made to qualified homeowners in the form of a zero-interest, recourse loan, secured by a deed of trust with a maximum monthly assistance amount of $5,000 per month (first trust mortgage payment) for each homeowner for up to 6 months, subject to monthly certification attesting to the need for on-going assistance; subject to available funding.
For more information or to apply: https://dchfa.org/dcmap-covid/
