New program helps Maine homeowners prevent foreclosure

On May 5, Maine lawmakers announced the $50 million Maine HomeOwner Assistance Fund to help homeowners in the state who have been affected by the COVID-19 pandemic. The Avesta HomeOwnership Center (HOC) is helping to facilitate the program.

The Maine HomeOwner Assistance Fund is a free federal relief program for homeowners in Maine who have been financially impacted by COVID-19; are behind on their mortgage, housing, property tax or utility payments; and are at risk of foreclosure. The program, which provides up to $25,000 per eligible household, is funded through the U.S. Department of Treasury and administered by the Maine Bureau of Consumer Credit Protection.

Eligible homeowners are urged to make an appointment by clicking below.

“Getting help early in the process can mean the difference between saving your home and losing it to foreclosure,” said HOC Director Nicole DiGeronimo. “We are here to provide that help.”