The Murphy-Oliver Administration launched the Emergency Rescue Mortgage Assistance (ERMA) program. The Emergency Rescue Mortgage Assistance program (ERMA) was developed by the New Jersey Housing and Mortgage Finance Agency (NJHMFA)) to deploy federally allocated HAF funds to assist eligible NJ homeowners who have been financially affected by COVID-19. The program will help eligible Collingswood homeowners bring their mortgages and other housing related expenses current.
ERMA funds can cover delinquent Collingswood homeowner obligations including mortgage payment principal, interest, taxes and homeowner’s insurance; reinstatement assistance; and other housing related costs including escrow shortages, delinquent taxes, homeowner’s insurance payments, and payments to lienholders.
For more information on ERMA and to submit applications click here