Feb 13 • 16:01 UTC 🇦🇷 Argentina La Nacion (ES)

Good news for Los Angeles: Gavin Newsom announces help for mortgage payments

California Governor Gavin Newsom announced an expansion of the CalAssist mortgage relief program to help homebuyers affected by the 2025 wildfires in Los Angeles.

In the wake of the catastrophic wildfires in 2025, California's Governor Gavin Newsom has announced an enhanced mortgage relief program for Los Angeles homeowners. The CalAssist initiative, which began in June 2025, is set to provide residents affected by natural disasters with significantly better access to financial assistance for their housing needs. Although this initiative is not a complete solution to the financial woes brought about by the disaster, it marks a positive shift in the support structure for impacted communities.

The expanded CalAssist program aims to cover up to a year's worth of mortgage payments for homeowners who have suffered losses due to the wildfires. By extending this relief, the state government is acknowledging the urgent need for housing support as communities rebuild and recover. This measure is particularly crucial in Los Angeles, where housing costs have been an ongoing burden for residents, particularly after devastating incidents.

Overall, Gavin Newsom's announcement represents a significant commitment to assisting affected homeowners and signals the state's readiness to invest in recovery efforts that will alleviate housing concerns. As the rebuilding process continues, such measures will play a pivotal role in ensuring that families can maintain their homes and begin to recover from the trauma and financial impact of the wildfires.

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