MCBC recognizes that the Coronavirus Disease (referred to as COVID-19) will adversely affect underbanked communities.  MCBC has compiled the following resources from local community partners as well as guidance issued by state and federal regulators for use by financial institutions and consumers during this time.

State and Local Resources

CHAPA

COVID-19 Affordable Housing Updates

 

COMMUNITY TEAMWORK,INC.

Emergency Programming and Resource Page

 

LISC BOSTON

Supporting Communities Impacted by COVID-19

 

MASSACHUSETTS AFFORDABLE HOUSING ALLIANCE

MAHA’s COVID-19 Response

 

MASSACHUSETTS ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATIONS

COVID-19 Resources by Region

 

MASSACHUSETTS GROWTH CAPITAL CORPORATION

Resources for Small Businesses in Massachusetts

 

MASSACHUSETTS DIVISION OF BANKS

COVID-19 Industry Guidance & Consumer Resources

 

Federal Resources

FEDERAL RESERVE BANK OF BOSTON

Paycheck Protection Program Resources

 

SMALL BUSINESS ADMINISTRATION (SBA)

SBA Paycheck Protection Program (PPP) Report: Second Round data

SBA Inspector General’s Flash Report on Implementation of the Paycheck Protection Program Requirements

SBA Issues New Regulations for Women-Owned Small Business Federal Contracting Program

 

FEDERAL HOUSING ADMINISTRATION (FHA)

Mortgagee Letter 2020-07:  FHA’s Loss Mitigation Options for Single Family Borrowers Affected by the Presidentially-Declared COVID-19 National Emergency in Accordance with the CARES Act

Mortgagee Letter 2020-09:  Implementation of the Coronavirus Aid, Relief, and Economic Security (CARES) Act Forbearance

Contact the FHA Resource Center:

  • Visit our online knowledge base to obtain answers to frequently asked questions 24/7 at: www.hud.gov/answers.
  • E-mail the FHA Resource Center at: answers@hud.gov. Emails and phone messages will be responded to during normal hours of operation, 8:00 AM to 8:00 PM (Eastern), Monday through Friday on all non-Federal holidays.
  • Call 1-800-CALLFHA (1-800-225-5342). Persons with hearing or speech impairments may reach this number by calling the Federal Relay Service at 1-800-877-8339.

For Mortgagees and Servicers:

FHA Single Family Housing COVID-19 Q&A (www.hud.gov/answers)

Interagency COVID-19 Forbearance Fact Sheet for Servicers)

For Consumers:

Interagency COVID-19 Forbearance Fact Sheet for Consumers

 

FANNIE MAE AND FREDDIE MAC AND JOINT EFFORTS

Fannie Mae

HomeownersLoan Lookup Tool

Fannie’s Renter Resource Finder

 

Freddie Mac

Homeowner Loan Lookup tool

Rental Property Loan Lookup tool

 

Joint federal agency website

Joint website from the CFPB, FHFA and HUD on mortgage relief options