HUD Disaster Assistance for Hurricane Irma
In response to Hurricane Irma, HUD announced a plan to quickly provide federal disaster aid to homeowners and low-income renters in Florida, Georgia, Puerto Rico and the U.S. Virgin Islands.
As a result of the declared disaster, HUD will offer immediate foreclosure relief, make programs available which help homeowners rebuild or replace their property, provide information on available temporary housing, assist the state and local government in re-allocating existing federal resources towards disaster relief and offer federally guaranteed loans.
To review HUD’s Press Release, use following link: https://portal.hud.gov/hudportal/HUD?src=/press/press_releases_media_advisories
Proctor will continue to monitor regulatory requirements and will provide updates as they develop.