Texas launches program to help homeowners avoid foreclosure because of COVID-19

Texas is launching an $842 million fund aimed at helping homeowners avoid foreclosure caused by the COVID-19 pandemic — a year after U.S. lawmakers approved the funds.

The program — called the Texas Homeowner Assistance Fund — is aimed at homeowners who have struggled to pay their mortgage, property taxes, home insurance and home-related fees because of economic hardships caused by the pandemic.

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