Coronavirus Relief Continues for Housing and Student Loans
As the Coronavirus pandemic continues, so does its financial impact. For people who need help with rent or mortgage payments, or have student loans, there may be some good news about the federal relief response.
Renters — The temporary stop on evictions for certain renters now runs through March 31, 2021. The Centers for Disease Control and Prevention has information on who is eligible and the steps to take.
Homeowners — If you’re struggling to make your federally backed mortgage payments because of the pandemic, payment forbearance may still be available, and the pause on foreclosures runs through at least March 31, 2021. The Federal Housing Finance Agency tells you how to find out if your mortgage is federally backed. Contact your mortgage servicer to find out what other help is available to you.
Student Loan Borrowers — For those federal student loans that are covered, the U.S. Department of Education has automatically paused payments through September 30, 2021.