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The City of Boca Raton has received an additional $230,285 in Phase 2 Coronavirus Relief Funds (CRF) from Florida Housing Finance Corporation (FHFC). When combined with the $317, 322 in Phase 1 funds previously received from FHFC, the City has received a total of $547,617 in CRF funds to assist eligible City of Boca Raton homeowners and renters who have experienced a financial hardship as a result of the COVID-19 pandemic.
The maximum assistance under the guidelines established when we received the Phase I funds was $5,800 per household for the Rental Assistance and Mortgage Foreclosure Prevention Assistance programs. With the receipt of the Phase 2 funds, the maximum assistance for both programs has been increased from $5,800 to $10,000 per household.
All other program conditions and applicant requirements remain the same:
Remember, applicants can receive assistance for affected months not covered by other agencies’ assistance programs.
For information regarding program requirements or guidelines, please call 561-544-8667 (or 561-393-7043 for the hearing impaired) from 8:00 am to 5:00 pm, Monday through Friday.
The City of Boca Raton is projected to receive $317,322 in Coronavirus Relief Funds from the Florida Housing Corporation (FHFC).
The City has approved Rental Assistance and Foreclosure Prevention Programs that can provide assistance to tenants that are delinquent on their rent payments or homeowners that are delinquent on their mortgage payments and association payments (if applicable), as well as any late fees, penalty fees and/or court costs, for the period beginning March 1, 2020 through December 4, 2020. The maximum assistance for both programs has been increased from $5,800 to $10,000 per household.
Foreclosure Prevention for Homeowners
The City is now accepting online applications for both programs as of October 1, 2020 and will continue accepting applications through December 4, 2020, pending funding availability. Eligible applicants will be served on a first-come, first-qualified, first-served basis, and may be placed on a wait list pending availability of funding.
To apply or view the program requirements or guidelines visit the CRF Program Rental Assistance and Foreclosure Prevention Programs webpage, or please call 561-544-8667 (or 561-393-7043 for the hearing impaired) Monday through Friday between 8am and 5pm.