MyHomeCT
Homeowner Assistance Program
Homeowner Resources
The MyHomeCT Program offers help to eligible Connecticut homeowners by paying mortgage and/or other qualified housing expenses. This can include a reinstatement, up to 12 months of forward payments, or a combination of both. * This is a partnership program sponsored by CHFA.
||| MyHomeCT Homeowner Assistance Program
The MyHomeCT Program offers help to eligible Connecticut homeowners by paying mortgage and/or other qualified housing expenses. This can include a reinstatement, up to 12 months of forward payments, or a combination of both. Under the American Rescue Plan Act of 2021, Connecticut has been awarded approximately $123 million to establish MyHomeCT, a program funded by the Homeowner Assistance Fund. The goal of MyHomeCT is to cure mortgage delinquencies and defaults, and prevent foreclosures among eligible homeowners that occurred as a result of the COVID-19 pandemic. The program also includes assistance for qualified non-mortgage expenses including, but not limited to, non-escrowed real estate taxes and insurance as well as condominium or homeowners' association fees. The CT Department of Housing is the responsible entity for the program, and has designated the Connecticut Housing Finance Authority (CHFA) to administer it on its behalf.
Eligibility Requirements:
•Applicants must have experienced a COVID-19 related financial hardship after January 21, 2020, or experienced a financial hardship before January 21, 2020 which was then worsened/extended by the pandemic. •Assistance for a delinquency existing from prior to January 21, 2020 is capped to three months so any amounts owed before October 2019 will not be eligible. Real estate property taxes that were assessed on the October 2018 Grand List and subsequent Grand Lists are eligible expenses. •Homeowner must live in the state of Connecticut and occupy the property as their primary residence. •Property must be an owner-occupied 1-to-4 unit house, condominium or manufactured home. •Homeowners applying for mortgage assistance must have a mortgage that had a principal balance at or below the Federal Housing Finance Agency’s conforming loan limits for Fannie Mae and Freddie Mac at the time of origination. •Household income must be equal to or less than 150% area median income (AMI), adjusted for household size.
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