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Program seeking partners to assist renters, homeowners

Staff Report //January 8, 2021//

Program seeking partners to assist renters, homeowners

Staff Report //January 8, 2021//

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A new program from SC Housing will provide up to $25 million in funds to help renters and homeowners during the COVID-19 pandemic.

SC Housing is seeking government agencies and nonprofits to serve as contractors for the SC Stay program, which is slated to launch next month. Organizations interested in helping the state identify and certify households in need of rental and mortgage assistance can respond to the request for qualifications available on the SC Housing website by Jan. 19.

The program is being funded through the U.S. Department of Housing and Urban Development’s Community Development Block Grant program and the CARES Act. Funds were made available to the S.C. Department of Commerce, which asked SC Housing to lead the program for low-income residents.

Funding will be available for up to six consecutive months of short-term rental and mortgage assistance for individuals and families whose income is at or below 80% of county median income adjusted by family size; have landlord or lender confirmation of their past-due status and are willing to accept payment on their behalf; and can demonstrate that they are unable to pay all or part of the rent or mortgage or are behind on payments because of circumstances related to COVID-19.

Renters and homeowners seeking assistance can refer to the SC Housing website for resources. For additional program information, call the SC Stay Hotline at 833-985-2929 or visit SC Housing’s SC Stay program hub.