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Connecticut Homeowner Assistance Fund Program 

(“MyHomeCT”)

Term Sheet

Program Overview To respond to housing issues associated with the COVID-19 

pandemic, the MyHomeCT program is being created to assist 

Connecticut homeowners who are at risk of foreclosure. 

The MyHomeCT Program will offer four separate grant types: 

• Mortgage Assistance will provide a one-time payment to 

eliminate first mortgage delinquency, to include past due 

payments, including fees and amounts advanced by the 

lender or servicer on the borrower’s behalf. Deferred 

payments that are interest bearing/require monthly 

payments may be considered an eligible expense.

• Mortgage Payment Assistance will provide a one-time 

payment to bring the first mortgage current and will provide 

up to 12 months of first mortgage payment assistance for 

those homeowners still experiencing a COVID-19 related 

financial hardship and cannot sustain their mortgage

payment. After the initial reinstatement there must be 

enough funds available to make at least 6 months of 

payments without exceeding the Program maximum

assistance amount. Deferred payments that are interest 

bearing may be considered an eligible expense. 

• Non-Mortgage Assistance will provide a one-time payment 

to eliminate past due amounts for qualified non-mortgage 

expenses which may include:

o non-escrowed real estate taxes
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o water and sewer liens

o condominium and/or homeowners’ association fees

o condominium and/or homeowners’ association 

special assessments

o ground lease or lot payments

o non-escrowed homeowners’ insurance and flood 

insurance

o fees that were advanced by the loan servicer on 

behalf of an applicant with a reverse mortgage

• Non-Mortgage Payment Assistance will provide a one-time 

payment to eliminate past due amounts and will provide up 

to 12 months’ worth of payment assistance for qualified nonmortgage expenses on behalf of those homeowners still 

experiencing a COVID-19 related financial hardship who are 

unable to sustain their payments.

Non-mortgage expenses eligible for ongoing payment 

assistance may include:

o non-escrowed real estate taxes

o condominium and/or homeowners’ association fees

o condominium and/or homeowners’ association 

special assessments

o ground lease or lot payments

o non-escrowed homeowners’ insurance and flood 

insurance

After the initial reinstatement there must be enough funds 

available to make at least 6 months’ worth of payments

without exceeding the Program maximum assistance 

amount.

Assistance for a delinquency prior to January 21, 2020 is capped to 

three months. Real property taxes that were assessed on the 

October 2018 Grand List and subsequent Grand Lists are eligible 

expenses. MyHomeCT assistance funds may be used in combination 

with other payment or relief options a servicer, lender or creditor 

may offer. 

Maximum Program 

Grant Award

The Program maximum is $50,000. A homeowner may be eligible for 

multiple grant types; however, the combination of grant types 

cannot exceed the Program maximum. 

Eligible Homeowners • Homeowner must live in the State of Connecticut and occupy 

the property as their primary residence. 
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• Homeowner must self-certify that they experienced a 

financial hardship after January 21, 2020, including but not 

limited to job loss, reduction of income, need to care for a 

family member, or material increase in living expenses 

related to the COVID-19 pandemic. Homeowners may have 

experienced a previous hardship that is continuing due to the 

COVID-19 pandemic.

• Must have household income equal to or less than the 

greater of 150 percent of area median income adjusted for 

household size, or 100 percent of the U.S. median income.

• Property must be a one-to-four-unit house, townhouse, 

condominium, or manufactured home.

• Homeowners applying for mortgage assistance must have a 

mortgage that had a principal balance at or below the 

Federal Housing Finance Agency’s conforming loan limits for 

Fannie Mae and Freddie Mac at time of origination.

Required Application 

Documents

• Completed and signed application

• Government issued ID

• Social Security number or its equivalent

• Household income documentation

• Most current statement from the mortgage servicer or 

lender, taxing authority, homeowner's association, 

insurer(s), or other qualified non-mortgage expense provider

• Proof of Ownership

• Proof of Occupancy

• Third party authorization

• Self-certification of inability to make future payments from

those homeowners receiving forward payment assistance

Applicants living in a Qualified Census Tract will not be required to 

provide income documentation and may self-certify their household 

income or attest that their household income is at or below program 

limits.

Form of Assistance MyHomeCT assistance will be structured as a non-recourse grant. 

Payment 

Requirements

MyHomeCT awards will be transferred directly to the mortgage 

servicer, lender, creditor, taxing authority, or association to whom 

the funds are owed.