Today’s update discusses:

• a mortgage assistance program
• additional funding for rural counties

ECONOMICS

• Indiana’s Lt. Governor, Suzanne Crouch, announced this week that Indiana is offering mortgage assistance for eligible Indiana homeowners. The assistance, known as the Hardest Hit Fund (“HHS”), may provide up to six months or $30,000 in payments and is intended to help homeowners who are struggling to pay their mortgage due to the pandemic. The purpose of this funding is not only to help homeowners avoid foreclosure, but also to help stabilize the housing market.
• Lt. Governor Crouch, along with the Indiana Office of Community and Rural Affairs, announced on Wednesday that 13 rural communities within the state will receive more than $1.96 million in federal funding through the COVID-19 Response Program. The state hopes to provide testing services, delivery of essential supplies, and funding to businesses to retain jobs.