Delaware Mortgage Relief Program Announces New Program Guidelines and Partnerships

Homeowners Can Now Receive Up To $50,000 In Financial Assistance, Including Future Payments and Non-Delinquent Mortgage Payments.

Dover, Del. January 11, 2022 – The Delaware State Housing Authority (DSHA) announced today updates to the Delaware Mortgage Relief Program, which include the following:

• Removing the requirement of 30-day mortgage delinquency. Homeowners who do not have a delinquent mortgage are now eligible to apply for the program.
• Offering future monthly mortgage payment assistance for up to 6 months in addition to mortgage reinstatement or imminent risk of delinquency.
• Increasing the total assistance amount available from $40,000 to $50,000 per household.

Homeowners can check their eligibility and apply for the program here: demortgagehelp.com. Since June of 2022, the Delaware Mortgage Relief Program has dispersed close to $11 million to over 1,100 households, with an average assistance amount of $9,478. More data and insights about the program’s success can be found on the program dashboard here: https://bit.ly/HAFDashboard.

In addition to expanding the program, the Delaware Mortgage Relief Program is proud to partner with the following local housing organizations to provide application assistance and ongoing financial planning support for homeowners in need.

“At DSHA, we are committed to continuous improvement so that we can better serve the people of our state,” said Eugene R. Young, Jr., Director of DSHA. “These new updates and partnerships will make positive, life-long impacts for homeowners, their families, and Delaware neighborhoods.”

Delaware Mortgage Relief Program provides financial assistance to Delaware homeowners who are at risk of displacement due to unpaid of housing-related obligations such as mortgage payments and property charges. Financial assistance can be used for mortgage payments, tax/chattel/land lease delinquency, water and sewer, HOA or condo fees, homeowner insurance delinquency, and lot rent for manufactured housing.

The program is funded through the American Rescue Plan Act and Homeowner Assistance Fund, which the U.S. Treasury Department distributed to the state of Delaware. The $50 million received is being administered by DSHA and will be available until 2025 or until funds are exhausted, whichever occurs first. For questions about the Delaware Mortgage Relief Program, please call (888) 303- 4324 or visit demortgagehelp.com.

About Delaware State Housing Authority

The Delaware State Housing Authority (DSHA), formed in 1968, is dedicated to providing quality, affordable housing opportunities and appropriate supportive services to low- and moderate-income Delawareans. In addition to its role as the State’s Housing Finance Agency, DSHA is unique in that it also serves as a Public Housing Authority and acts as a Community Development and Planning Agency. As a Public Housing Authority, DSHA receives funding from HUD to build, own and operate public housing in Kent and Sussex counties, two of Delaware’s three counties.