Florida State Representative Jervonte Edmonds (D-West Palm Beach) recently introduced HB 41, a bill that would create a grant program to help Floridians pay for their mortgages and insurance. The bill would allocate millions for the program, which would be administered by the Department of Commerce.
“This bill is about helping Floridians who are struggling to make their mortgage and insurance payments,” said Representative Edmonds. “Too many people in our state are facing financial hardship, and this bill would provide them with some much-needed relief.”
The bill would provide grants of up to $2,500 per household to help with mortgage payments, homeowners insurance, and motor vehicle insurance. The grants would be available to households with incomes varying from low to upper middle class.
“This bill is a common-sense way to help Floridians who are struggling to make ends meet,” said Representative Edmonds. “I urge my colleagues to support it.”
Here are some of the specific benefits of HB41 for Florida homeowners and motorists:
- The grant program would help to keep people in their homes and on the road.
- The grants would provide financial relief to people who are struggling to make their mortgage and insurance payments.
- The grants would help to stimulate the economy by putting money back into the pockets of Floridians.
- The grant would help insurance companies receive the payments needed from becoming insolvent.