June 2022 is National Homeownership Month. The Los Angeles County Department of Consumer and Business Affairs (DCBA) understands the importance of homeownership and continues to provide assistance and information to homeowners facing foreclosure. The homeowner notification program will alert a property owner when a foreclosure process begins and provides direct access to a foreclosure prevention counselor to receive free and reliable assistance and information.
During the COVID-19 pandemic, DCBA expanded its Foreclosure Prevention services to assist small “Mom-and-Pop” landlords, and landlords of up to 15 units. Our counselors provide one-on-one assistance and can help you see if you are eligible for foreclosure avoidance options. If eligible, your lender will request certain financial documentation and information about your specific situation.
The Foreclosure Prevention unit also launched its “Help for Homeowners” webinar series, which featured counselors from DCBA and HUD-approved counseling agencies who discussed topics to help educate homeowners on several issues that surfaced during the pandemic. To be alerted of upcoming webinars, sign up for our newsletter or visit our Foreclosure Prevention webinars webpage. To speak with one of our counselors about your particular situation, please call (800) 593-8222.
If you were previously denied assistance by your mortgage lender or servicer, you may be eligible for assistance to pay you mortgage arrears. The California Housing Finance Agency (CalHFA) launched the California Mortgage Relief Program in December 2021. Eligible property owners may receive up to $80,000 for mortgage arrears.
To apply for the California Mortgage Relief Program, contact a HUD-approved counseling agency or dial 1-800-840-2594.
The Federal Housing Administration (FHA) and the U.S. Department of Housing and Urban Development (HUD) continue to take steps to promote homeownership and fair housing through initiatives to better service communities of color, first-time home buyers, and borrowers with low-to-moderate incomes.