Common use of Duration of Assistance Clause in Contracts

Duration of Assistance. Homeowners may receive assistance up to a maximum of 36 months. Should a homeowner become reemployed within the applicable period, the homeowner may continue receiving assistance for up to an additional two months after reemployment. Additionally, if a homeowner becomes reemployed within the applicable period and the homeowner’s mortgage payment exceeds 31% of their current income, they are eligible for continued assistance. Any reinstatement assistance shall be made in one payment.

Duration of Assistance. Homeowners may receive assistance up Up to a maximum 18 months or until the homeowner secures adequate employment (sufficient to pay the mortgage payment with 31% of 36 total income) plus two months, whichever is less. Should a homeowner become reemployed within the applicable period, the The homeowner may continue receiving to receive assistance for up to an additional two 2 months after reemployment. Additionally, if a homeowner becomes reemployed within the applicable period and the homeowner’s mortgage payment exceeds 31% of their current income, they are eligible for continued assistance. Any reinstatement assistance shall be made reemployment (not to exceed 18 months in one paymenttotal.)

Duration of Assistance. Homeowners may receive assistance up to a maximum of 36 months12 or 18 months (depending on county). Should a homeowner become reemployed within the applicable period, the homeowner may continue receiving assistance for up to an additional two 2 months after reemployment. Additionally, if a homeowner becomes reemployed within the applicable period and the homeowner’s mortgage payment exceeds 31% of their current income, they are eligible for continued assistance. Any reinstatement assistance shall be made in one payment.