In response to the severe winter storms and flooding in Virginia, HUD announced a 90-day moratorium on FHA-insured foreclosures and offered extensions for Home Equity Conversion Mortgage borrowers. Various support programs, including mortgage insurance for disaster victims, were activated, showcasing HUD's commitment to helping communities rebuild. Virginia officials praised this intervention, emphasizing the aid provided to impacted regions. The announcement forms part of a broader effort to streamline assistance and resources for affected Virginians, demonstrating a coordinated disaster response from both state and federal levels.
HUD is here to support Virginians as they rebuild their homes, communities, and businesses following the severe winter storms and flooding, HUD Secretary Scott Turner said.
Disaster response is a foundational part of our mission-minded approach to serving American communities as they work to rebuild.
Thank you to Secretary Turner and his team for their strong partnership supporting Virginians adversely impacted by these storms.
These resources aid recovery efforts in the areas of Southwest Virginia affected by Hurricane Helene...
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