Oct 05, 2020

Rent and Mortgage Relief Program Expands to Aid Landlords

Virginia Governor Ralph Northam recently announced the expansion of the state’s Rent and Mortgage Relief Program (RMRP) to include financial assistance for landlords. The RMRP was launched in late June with $50 million in federal CARES Act funding to assist households facing eviction or foreclosure due to COVID-19.

Landlords can now apply to receive financial assistance for current and past-due rental payments dating back to April 1 on behalf of their tenants who qualify for RMRP. The program provides financial assistance through a one-time payment with the opportunity for renewal based on availability of funding, the household’s need for additional assistance, and continued eligibility.

The RMRP program is administered by the Department of Housing and Community Development (DHCD) through approximately 30 local and regional housing-related agencies. The state housing finance agency, Virginia Housing, will manage landlord-initiated applications.

Click here to learn more.

We’ve compiled a list of additional financial assistance options for DCCU members who may be impacted by the COVID-19 pandemic. Click here to visit our Member Financial Assistance page.

 

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