Colorado Association of REALTORS | CAR Joins Stakeholder Group Asking Gov. Polis to Guarantee Emergency Mortgage Assistance for Households Making Up to 80% of Area Median Income
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CAR Joins Stakeholder Group Asking Gov. Polis to Guarantee Emergency Mortgage Assistance for Households Making Up to 80% of Area Median Income

Apr 02 2020

CAR Joins Stakeholder Group Asking Gov. Polis to Guarantee Emergency Mortgage Assistance for Households Making Up to 80% of Area Median Income

The current Executive Order defines low-income households as under 50% of the AMI. HUD’s definition of low-income household is 80% AMI. We are asking that the current Executive Order be amended to align with the HUD definition and ensure Colorado’s vital workforce that are experiencing loss of income due to COVID-19 can maintain their homes.

See Stakeholder Letter To Governor Polis

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