Oklahoma Housing Financial Agency offers tax relief for COVID victims

OKLAHOMA CITY (KFOR) – An Oklahoma County official wants community members to know about a program that helps homeowners who have been unable to pay property taxes due to COVID-19 hardship.

Oklahoma County Assessor Larry Stein mentioned the Oklahoma Housing Finance Agency program at a recent budget council meeting.

The OHFA, which was started in 1976, has a Homeowners Assistance Fund (HAF) that provides up to $20,000 in grants to homeowners who have endured financial hardship during the pandemic.

The Oklahoma Homeowner Assistance Fund was launched on January 10 under the direction of the US Treasury Department.

The following uses are eligible for HAF grants, as long as they have not been incurred or invoiced before January 21, 2020:

  • Principal and interest (P&I) of outstanding first and second mortgages
  • Delinquent Property Taxes
  • Escrow Shortage
  • Condominium and condominium fees
  • Home, flood and mortgage risk insurance
  • Reasonable fees assessed by the lender
  • Up to three additional P&I payments after resolution of mortgage default
  • Overdue loan payments to government or non-profit entities for down payment assistance

Visit ohfa.org/haf for more information.

The agency also provides housing assistance to low-income families and offers programs that help veterans, people living with HIV and AIDS and vulnerable people who are at high risk of becoming homeless, according to a brief. information from OHFA.

And it helps developers find funds to build affordable housing.