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  Archived Posts From: 2011

effective-efficient-government

Delaware Emergency Mortgage Assistance: Could We Help Someone You Know?

Written on: April 29th, 2011 in Effective & Efficient GovernmentGuest Posts

Guest post by Delaware State Housing Director Anas Ben Addi

Although our economy has improved, the process of recovery continues. Many families have not yet recovered from financial hardships due to unemployment, underemployment, injury or illness. Most likely, someone you know is struggling to pay a mortgage and could lose their home.

We understand the uncertainty and stress that foreclosure can cause. That’s why the U.S. Department of Housing & Urban Development and DSHA have teamed up to bring $6M in foreclosure assistance to keep more than 200 Delaware families in their homes through the Delaware Emergency Mortgage Assistance Program (DEMAP).

DEMAP can provide up to $30,000 to pay past due mortgage, property tax and insurance payments for homeowners that have had their income reduced by 15% or more. It can also help pay future payments for up to 24 months. This assistance is recorded as a loan, but is forgiven over five years. This is great news for Delaware.

Facing foreclosure can be intimidating.

People may be scared to open their mail or answer their phone, for fear that it may be their lender asking them for payment – money they don’t have. Often, they don’t know who to call or that there is help available.

If you or someone you know is facing foreclosure, please call DSHA at (888) 363-8808 to learn more about DEMAP or visit our website at www.destatehousing.com. You can also contact DEMAP housing counselors directly for assistance and a complete contact list can be found here.

Please don’t hesitate to reach out — we are here to help!


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