Eligible Palatine Residents Can Apply For COVID-19 Mortgage Help

PALATINE, IL — Palatine and suburban Cook County homeowners (income-eligible) who've experienced financial hardships due to the coronavirus pandemic and need help paying their mortgages can apply for the Cook County COVID-19 Recovery Mortgage Assistance Program until 4 p.m. Friday, according to a news release. Designed for this group, homeowners are eligible for an amount up to three times their monthly mortgage payment, with consideration of the arrearage amount, according to a news release. The maximum amount of assistance for one family is $10,000.

According to the county, limited funding is available through the program, which is part of the Cook County Community Recovery Initiative funded by the federal CARES Act. According to the news release, it's therefore expected many people will apply, so unfortunately there is no guarantee of assistance. Once the application window has ended, eligible applicants will be selected randomly.

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Any Palatine and Cook County resident who is struggling should look into whether they are eligible.

Eligibility requirements include:

• Homeowner in suburban Cook County
• Have a COVID-19 related financial hardship
• Income at or below $127,400 before and after the COVID-19 related financial hardship
• Mortgage arrearage that occurred after March 27, 2020
• Cannot have accepted any other CARES Act emergency mortgage assistance funding, such as IHDA mortgage relief

>> Apply online; a translated application is available

• More information about eligibility and how to apply
• Other Questions email: COVIDregistration@thehacc.org.
• For assistance with an application, contact Senator Ann Gillespie's office at 847-749-1880 or info@senatoranngillespie.org, or contact your Cook County Commissioner Scott Britton at (847) 729-9300.