NAR Relief Fund: $1.5M for Hurricane Victims
The money focuses on Floridians’ housing-related challenges posed by Hurricanes Ian and Nicole, such as temporary problems making a mortgage payment.
ORLANDO, Fla. – The National Association of Realtors®’ (NAR) Realtors Relief Foundation announced a $1.5 million grant to help Floridians with housing issues resulting from Hurricanes Ian and Nicole.
Here’s how Realtors and their families, as well as other Florida residents, affected by Hurricanes Ian and Nicole, can apply for assistance.
“Hurricane Ian devastated communities across our state and so many people are struggling,” says 2022 Florida Realtors® President Christina Pappas, vice president of the Keyes Family of Companies in Miami. “The crucial first step is often dealing with housing needs. Thanks to the National Association of Realtors’ (NAR) Realtors Relief Foundation and their generous donation to help victims of Hurricane Ian, people can find the housing assistance they need to rebuild their homes and their lives.”
As a result, Florida Realtors® now operates two charitable relief programs: Its Disaster Relief Fund that focuses on housing challenges within the Realtor family and NAR’s Realtors Relief Foundation fund that offers money to any Floridian impacted by the storms and facing a challenge related to homeownership.
“We know that recovering from a disaster takes time,” says Florida Realtors President-Elect G. Mike McGraw, a broker-associate with RE/MAX Central Realty in Apopka. “Not only are we pleased that this effort will continue into 2023, we appreciate that those suffering from the impact caused by Hurricane Nicole can also seek help through Florida Realtors and the Realtors Relief Foundation grants.”
Qualifications for NAR-funded relief
- Individual grants may be approved up to a limit of $2,500 per household
- Families who no longer have a mortgage obligation may be approved for up to $1,250
- Proof of homeownership for a primary residence includes a property tax bill or homeowner’s insurance, though the board may consider other proof on a case-by-case basis
- Recipient must be a full-time Florida resident and U.S. citizen, or legally admitted for residence in the U.S.
- The application deadline is April 28, 2023
Type of assistance offered to qualified applicants
- Monthly mortgage expenses for a primary residence damaged by Hurricane Ian or Hurricane Nicole
- Rental costs due to displacement from a primary residence resulting from the hurricanes
- Assistance is for housing relief only. It does not cover second mortgages (home equity lines or loans), clothing, appliances, equipment or vehicles (purchase, rental or repair and/or mileage)
All grants are contingent upon the availability of funds. As a result, aid will be provided on a first-come, first-serve basis.
For more information, details on applying and applications for assistance, visit Florida Realtors’ website.
© 2022 Florida Realtors®
