Update: The South Carolina Homeowner Rescue Program discussed below has used all its allocated funds. To find out about alternatives, talk to a free HUD-approved housing counselor at Origin Foreclosure Counseling: 843-628-3000 or Telamon Housing and Financial Empowerment: 864-313-8561. Even if a foreclosure has started, you might still have time to work out an alternative with your loan servicer. If you have questions about the foreclosure process in South Carolina or want to learn about potential defenses, consider also talking to a foreclosure lawyer.
In early 2021, President Joe Biden signed the American Rescue Plan Act into law. This law created a Homeowner Assistance Fund, a federal program, to give around $10 billion to the states to help households that are behind on their mortgages and other housing expenses due to COVID-19.
Eligible homeowners in South Carolina who've experienced a financial hardship because of COVID-19 can get some of the approximately $145 million allocated to the state by applying to the South Carolina Homeowner Rescue Program. This program uses federal money to help homeowners make mortgage payments and pay other home-related costs, like overdue property taxes and utility bills.
You can use money from the South Carolina Homeowner Rescue Program to pay:
To qualify for relief from this program, you must have suffered a financial hardship (a material reduction in income or an increase in living expenses) that began or continued after January 21, 2020, because of COVID-19.
You also have to meet these guidelines:
Go online to register and complete your application. You'll have to provide some documentation with your application, like a valid, government-issued photo ID, proof of homeownership, mortgage statements or statements for your other housing-related costs, and proof of income, such as the previous year's tax return or W-2.
The program is expected to be available through September 30, 2026, but could close earlier if the allocated money runs out. So, if you think you might qualify for assistance, it's best to apply as soon as possible.
Be wary if you get an unsolicited offer by phone, mail, email, or text message offering mortgage relief or foreclosure rescue services. Scammers sometimes target homeowners who've been affected by COVID-19.
Homeowner Assistance Fund programs are free. If anyone asks you to pay a fee to get housing counseling or to receive foreclosure prevention services from this program, it's a scam.
If you have questions or need help with your application, call 803-702-5222. You may also get help from a HUD-approved housing counselor who will assist you at no cost. To find a counselor near you, go to HUD's website or call 800-569-4287.