The $20 million program will dole out payments of up to $10,000 directly to mortgage collectors, giving homeowners reprieve for one to three months on overdue or future payments, Cook County Board President Toni Preckwinkle announced at a Thursday news conference. The fund is estimated to help between 2,500 and 3,000 homeowners, with an average of about $7,800 per individual.
October 09, 2020 at 02:21AM
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Cook County launches $20 million suburban mortgage assistance program as hope for more federal relief runs thin: ‘More is going to be needed’ - Chicago Tribune
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