Congressman David Scott Introduces Bill to Aid Homeowners Impacted by the Coronavirus Pandemic
Today, Congressman David Scott introduced the Coronavirus Homeowner Assistance Act of 2021, legislation creating a Homeowner Assistance Fund to aid homeowners harmed by the global coronavirus pandemic. This legislation, which would provide $10 billion in funding to states, territories, and the District of Columbia, delivers essential mortgage financial assistance and utility financial assistance for homeowners.
“We are now a year into this public health crisis, and Americans are facing down enormous financial hurdles,” Scott stated. “Providing this critical assistance will enable struggling families to protect their health from the safety of a warm home with a roof over their heads.”
In the wake of the Great Recession, Congressman Scott was instrumental in establishing the Hardest Hit Fund, which provided targeted mortgage assistance funding for states experiencing the highest foreclosure and unemployment rates across the country. For communities in Georgia that are still feeling the effects of the Great Recession, the Coronavirus Homeowner Assistance Act will expand upon this proven resource to provide Americans across all 50 states and territories with critical assistance.