On July 31, U.S. Senators Adam Schiff (D-CA) and Michael Bennet (D-CO) introduced the Mortgage Relief for Disaster Survivors Act. This measure would grant homeowners in areas that have received disaster declarations from the President, Governors, or Tribal leaders, 180 days of mortgage forbearance to support household recovery, along with an option of a 180-day extension without accumulation of interest or penalties. The Act would provide mortgage relief for disaster survivors across the country to help alleviate financial hardships. Anyone residing in an area that has received a disaster declaration since January 1, 2025, from any of the authorities described above, would be eligible to request forbearance. Companion legislation has been introduced in House by California Representatives Judy Chu (D-Monterey Park) and Brad Sherman (D-Sherman Oaks).
For more information, contact RCRC Senior Policy Advocate Staci Heaton.