HUD will offer foreclosure protection to fire victims
Homeowners and low-income renters will be able to access assistance from the federal government as a result of the declaration of the fires as a national disaster.
HUD is offering a variety of resources to displaced families, including a 90-day moratorium on foreclosures on FHA-insured mortgages, mortgage insurance, insurance for mortgages and home rehabilitation.
In addition, HUD is allowing Colorado to reallocate existing federal resources such as the Community Development Block Grant toward disaster relief.
A complete list of HUD's disaster relief efforts can be found here.
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