The state of California is set to launch the CalAssist Mortgage Fund on June 12, providing up to $20,000 in mortgage relief for homeowners affected by the January fires in the Pacific Palisades and Altadena communities. This program, managed by the California Housing Finance Agency, aims to assist those whose homes are severely damaged or rendered unlivable due to federally or state-declared disasters. Grants will be paid directly to participating mortgage service providers, helping alleviate immediate financial pressures for displaced homeowners.
The CalAssist Mortgage Fund provides vital support, offering up to $20,000 in mortgage relief for homeowners affected by recent fires, helping alleviate financial burdens.
Eligible homeowners in Pacific Palisades and Altadena can receive mortgage relief through grants by applying to the state's new program, launching June 12.
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