Mortgage relief program draws 10,737 applications in Alaska
April 20, 2022
A federally funded mortgage relief program to help homeowners hurt financially by the pandemic drew 10,737 applications in Alaska, with 43 from Wrangell.
The state received $50 million in federal funds under a nationwide program to help homeowners who lost their jobs or income due to COVID-19 shutdowns or cutbacks. The Alaska Housing Finance Corp. is administering the statewide program, reviewing the applications to ensure people meet the income loss and other criteria in preparation to start disbursing aid.
The 10,737 applications represent about one in nine of the almost 100,000 homeowner...