The VA is extending its moratorium on evictions and foreclosures until July 31. (Photo: VA.gov)
The Department of Veterans Affairs announced on Wednesday that it is extending its moratorium on foreclosures and evictions for VA home loan borrowers to July 31.
The VA says the extension is intended to help veterans who may be struggling due to the economic impact of the COVID-19 pandemic. The VA also says that once the July 31 deadline arrives, it “ will take additional steps to prevent foreclosures on VA-backed mortgages until borrowers are reviewed for COVID-19 home retention options that are affordable.”
The VA moratorium was pushed from February to June previously, but the VA says the current extension should let “thousands of VA home loan borrowers stay in their homes,” giving veterans additional time to return to regularly-scheduled payments.
For veterans who expect they will need additional assistance, the VA says it is also launching the VA Partial Claim Payment program, which will be available between the end of July through late October. The new program will give approved veterans exiting forbearance partial payment assistance. Additionally, the VA says veterans that have not entered pandemic-related forbearance can still do so through the end of September.
California Veterans
California veterans who are struggling financially can also find relief. Governor Gavin Newsom’s “California Comeback Plan” is expected to include a $25 million grant program aimed at keeping aging veterans in the state out of homelessness with better health care.
The California Employee Development Department, or EDD, also awarded $5 million to organizations in the state that offer career services for veterans.
The American Legion Helps Veterans With VA Services
California veterans can contact The American Legion for free assistance finding VA benefits.
Author: Christian Southards
Coming from a family with a proud military background and wanting to contribute his writing skills to a worthy cause, Christian began writing for the California American Legion in August of 2020. His father is a 25-year Army Veteran and his grandfather served in the Navy during Vietnam.
