Information on Student Loan Payments
The Department of Education has granted a temporary deferment of payments on federal student loans for anyone who requests to defer payments. The Department has also set interest rates on all federal loans to 0% for at least 60 days. More information on student loan payments can be found here.
Tax Filing Information
The Internal Revenue Service (IRS) is extending the tax filing deadline for 2020 to July 15, 2020. More information can be found here.
The federal government is also providing relief to many homeowners through the Federal Housing Finance Agency. If your loan is owned by Fannie Mae or Freddie Mac, you may be eligible to delay making your monthly mortgage payments for a temporary period. If not, I encourage you to reach out to your lender to see what types of accommodations they’re making to help homeowners during this crisis. You can visit fhfa.gov/coronavirus to learn more.
Save Our Home AZ is a foreclosure assistance program for underemployed and unemployed Arizonans offering Principal Reduction Assistance, Monthly Mortgage Subsidy Assistance and Second Lien Elimination Assistance to qualified homeowners. The program’s goal is to aid homeowners in avoiding foreclosure by assisting with mortgage affordability.
Unemployment Benefits and Food Assistance
On March 20, 2020, Governor Doug Ducey issued an executive order and administrative action aimed at providing certainty and economic relief for those facing financial hardship because of COVID-19, increasing access to unemployment benefits. These resources are applied retroactively to hardships experienced after March 11, 2020. Applications will be accepted beginning March 23, 2020. Visit AZ Services.gov for more information.
SBA Disaster Loan Assistance
You can apply through the SBA’s Disaster Loan Application Portal or by calling 1-800-659-2955
SBA Coronavirus (COVID-19): Small Business Guidance & Loan Resources
SBA Arizona Paycheck Protection Program Lender List
April 27th: Following passage of the interim Coronavirus response legislation, the Paycheck Protection Program is once again funded and is accepting applications.
SBA Disaster Assistance Fact Sheet
(Download this form before linking it )
State Employee Resources
Arizona Department of Economic Security: Apply for Unemployment