Florida Elderly Mortgage Assistance Program

In 2010, the U.S. Treasury department created the Housing Finance Agency "Hardest-Hit Fund" to help people avoid foreclosure after housing prices plummeted. Part of the money from the Hardest-Hit Fund is allocated to the Florida Elderly Mortgage Assistance Program (ELMORE). This program helps senior homeowners who have a reverse mortgage and are behind on their property taxes, homeowners’ insurance, flood insurance, and homeowners’ and/or condo association dues (property charges). The fund pays these property charges to the homeowners' reverse mortgage servicer.

The ELMORE program can provide up to $25,000 to help seniors avoid foreclosure and stay in their homes, if they are are in arrears on their reverse mortgage. You can find out more about the ELMORE at this website:

http://www.floridaelmore.org/

or call 1-(800) 601-3534 

The Area Agencies on Aging will be helping seniors to gather the documents they need to apply for the program. Note: there is no fee to apply for the ELMORE program. To contact the Area Agency on Aging for Pasco-Pinellas, please call 1-800-963-5337 or 727-217-8111.

The July/August Issue of the Elder Update is available

The Florida Department of Elder Affairs publishes a bimonthly newsletter, the "Elder Update", for Florida Seniors. The current issue includes articles about:

• New "Living Healthy in Florida" wellness campaign.
•  Elderly Mortgage Assistance Program (ELMORE), which helps senior homeowners with reverse mortgage difficulties.
•  Outsmarting scammers.
•  State Park improvements to increase assessibility. 
• Aging in place.

You can download the current issue here. Alternatively, you can sign up for a print subscription here.