The U.S. Department of Housing and Urban Development (HUD) announced that foreclosures on Federal Housing Administration-insured single-family mortgages will be placed on hold for 90 days in the Kerr County area due to recent flooding.
Read full article: City celebrates opening of West Side affordable housing community‘We need to have these places’: Texas artist arrives in Kerr County to create memorial for flood victims Read full article: ‘We need to have these places’: Texas artist arrives in Kerr County to create memorial for flood victimsSouth Texas Blood & Tissue offers donor incentives to support Hill Country floods relief efforts Read full article: South Texas Blood & Tissue offers donor incentives to support Hill Country floods relief effortsLocal News KERR COUNTY , Texas – The U.
S. Department of Housing and Urban Development announced that foreclosures on Federal Housing Administration-insured single-family mortgages will be placed on hold for 90 days in the Kerr County area due to recent flooding.“Our hearts break as we witness the catastrophe unfolding in Texas,” HUD Secretary Scott Turner said in a news release. “The flash floods have claimed the lives of more than 100 Americans and displaced countless others. It is an unfathomable tragedy, and HUD will continue to provide resources and support as we pray for the Texas Hill Country community.” According to the release, there are more than 900 FHA-insured mortgages in the Kerr County Presidentially Declared Major Disaster Area . HUD is teaming up with mortgage servicers, among others, to assess the extent of the damage to properties with FHA-insured mortgages in the area. These are the HUD guidelines and suggestions for those in the PDMDA area, according to the press release: The 90-day hold prohibits mortgage servicers from initiating or completing foreclosure actions on FHA-insured single-family forward or Home Equity Conversion mortgages in the Kerry County PDMDA. The hold, also known as a moratorium, is effective as of the President’s disaster declaration date. Borrowers unable to make their mortgage payments should contact their mortgage servicer for assistance as soon as is practical. Borrowers may also contact the FHA Resource Center at 800-CALL-FHA for assistance. The FHA Resource Center is prepared to accept calls from persons who are deaf or hard of hearing, as well as individuals with speech or communication disabilities. Information on how to make an accessible phone call is available at For borrowers and renters who need immediate housing and disaster recovery assistance, HUD-certified housing counselors are prepared to provide guidance on available options. To find a HUD-approved housing counseling agency, borrowers can use HUD’s. This program allows individuals to finance the purchase or refinance of a house, as well as the costs of repair or renovation, through a single mortgage.Avery Meurer Avery Meurer is a Content Gatherer for KSAT 12. She graduated from the University of Texas at Austin with a Bachelor of Science in Communications/Radio, Television and Film, as well as a Creative Writing Certificate. A native San Antonian, Avery attended the Northeast School of the Arts majoring in musical theater and creative writing.
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