Dallas To Offer Money For Homeowners, Renters And Small Businesses

May 04, 2020

Director of Events

Dallas, Texas will be accepting applications beginning today, for $13.7 million in mortgage and rental assistance for those who are facing eviction or foreclosure due to the COVID-19 pandemic.

"The money comes from grants and the CARES Act—The Coronavirus relief package passed by Congress. The funds are meant to help people who have lost their jobs or income during the pandemic," according to NBC DFW.

"The impact on individuals, whether they are renters, mortgage holders, small business owners are taking a big hit. You can’t have economic recovery without housing stability," said Dr. Eric Anthony Johnson, the chief of Economic Development and Neighborhood Services for the city of Dallas.

Folks can access the online application portal right now. The city has also provided a phone number (469-749-6500) for folks who are unable to access the web portal. Calls are able to be accepted between 9:00 a.m. and 5:00 p.m. Monday through Friday, though, the city is warning that there may be long hold times or busy signals.

About the author

Navi Persaud

Director of Events

Navi Persaud is Director of Events at NMP.

Link copied

Published

May 04, 2020

People On The Move

Ginnie Mae President Alanna McCargo Announces Resignation

McCargo was first woman and first woman of color at the helm of Ginnie Mae.

The U.S. Department of Housing and Urban Development (HUD) today announced that Alanna McCargo, president of the Government National Mortgage Association (Ginnie Mae), will resign, effective May 3, 2024. McCargo has served in the Biden-Harris Administration since January ...

People On The Move

Christensen, Andrus Added At CE Class Leader

Maximum Acceleration hires mortgage exec. as education director, adds banking manager

Brandon Christensen, a longtime mortgage broker and trainer, has been named Director of Education and National Instructor for Maximum Acceleration LLC, a leading NMLS-approved course provider for mortgage pre-license and continuing education. "Having Brandon join our amaz...