Short Term Rental Mortgage Assistance, (STRMU)
Short Term Rental Mortgage Assistance, (STRMU)
STRMU is time-limited housing assistance designed to prevent homelessness and increase housing stability. The amount of assistance varies per client depending on funds available, tenant need, and program guidelines.
ELIGIBLE EXPENSES
• Rent and mortgage assistance
Must be reasonable and represent actual housing costs.
Unlike TBRA assistance, tenants are not required to pay a percentage of their income towards the rent or mortgage payment. However, if they are able, clients should pay a portion of their housing costs
Utility assistance
Security deposits maybe available under another program if funding is available.
Ineligible Expenses
• First month's rent
STRMU assistance is designed to help homeowners and renters stay in their current place of residence; as a result, security deposits and first month’s rent are not eligible costs under STRMU.