The District of Columbia Housing Finance Agency (DCHFA) announced on Wednesday that it has relaunched its Reverse Mortgage Insurance & Tax Payment Program (ReMIT), which originally began in 2019 and expanded in 2020.

Qualifying senior homeowners who live in Washington, D.C., can receive financial assistance to cover delinquent property taxes, homeowners insurance or HOA fees that put the homeowner at risk of foreclosure.

Taxes, insurance and HOA fees (if applicable) are critical fees that reverse mortgage borrowers must keep up with for their loans to be in good standing. ReMIT was originally launched in 2019 and details ⇒

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