Some California homeowners whose homes were destroyed in a recent natural disaster — including the San Diego floods in January 2024 — could get some relief from a new state program launching this month.

The CalAssist Mortgage Fund, run by the California Housing Finance Agency, is distributing $105 million in grants to some eligible homeowners to cover up to three months of mortgage payments for a maximum of $20,000.

According to the program's website, these funds would go directly to the approved applicant's mortgage servicer and would not need to be repaid.

“Homeowners whose home was destroyed in a recent fire, flood or other disaster deserve support in their recovery," California Gov. Gavin Newsom said in a statement. "We know that recovery takes time, and the state is here to support

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