Miami homeowners who are dealing with the damage inflicted by Hurricane Irma now have one less thing to worry about. Financial and housing assistance – through deferred mortgage payments, temporary shelters, loans for home repairs, etc. — are available to residents whose homes were damaged or destroyed when the hurricane made landfall more than a week ago.
Housing Resources for Miami Area Homeowners
Miami-Dade County is one of many areas in Florida that qualify for individual assistance from FEMA, meaning that a number of disaster relief resources are available to homeowners. You can apply for these relief programs online at DisasterAssistance.gov.
We have outlined a brief list of the types of assistance programs available to Miami homeowners. If you have any questions, please don’t hesitate to call us at 305-508-7250 or email firstname.lastname@example.org.
Find Temporary Housing in Miami
The Red Cross and government agencies have set up shelters after Hurricane Irma. You can check for open Red Cross shelters here or, if you need temporary housing, learn about other housing resources available to residents:
- Transitional Sheltering Assistance (FEMA) — Residents who can’t return to their homes can stay for a short time at a participating hotel or motel.
- Rental Assistance (FEMA) — Through its Individuals and Households Program, FEMA is offering financial assistance for homeowners who need to rent a home or apartment while their current property is being repaired.
Pause Your Mortgage Payments
Fannie Mae, Freddie Mac, and the Federal Housing Administration are offering what’s known as “mortgage forbearance” to homeowners with loans owned or guaranteed by these organizations. This means that you can hold off on paying your mortgage for up to a year without worrying about late fees or detrimental effects to your credit.
If you need mortgage assistance, contact your lender to talk about your current housing situation. They’ll be able to tell you how long you could defer your mortgage payments as well as what other mortgage relief options are available to you.
Request Assistance for Home Repairs
In the wake of Hurricane Irma, the US Small Business Administration is providing disaster loans to homeowners and renters who need to repair or replace property, including their homes and personal items.
Residents of areas that have been declared a disaster area, such as Miami-Dade County, can borrow up to $200,000 to repair or replace their primary home and up to $40,000 to replace personal property.
Contact Essential Realty Services for More Information
We understand how devastating a hurricane or other disaster can be, especially if you own or rent a home. If you live in the Miami area and have been affected by Hurricane Irma, we can provide you with additional information about what other financial and housing assistance programs are available to you. Contact the Essential Realty Services team today.