Mountain Views News, Combined Edition Saturday, October 25, 2025

MVNews this week:  Page 6

66

WILDFIRE RECOVERY INFO

Mountain View News Saturday, October 25, 2025

CALIFORNIA EXPANDS CALASSIST 
MORTGAGE FUND DISASTER RELIEF: 
MORE CALIFORNIA FAMILIES TO 
QUALIFY FOR MORTGAGE GRANTS

SBA DISASTER NEWS RELEASE – 

SBA CENTERS IN LOS ANGELES COUNTY 
REMAIN OPEN TO HELP CALIFORNIA 

REBUILD AFTER WILDFIRES AND STRAIGHT-
LINE WINDS CRITICAL FINANCIAL 

SUPPORT STILL AVAILABLE AS RECOVERY 
EFFORTS CONTINUE

WASHINGTON — The U.S. Small Business Administration (SBA) announced today Disaster Loan Outreach 
Centers in Los Angeles County will remain open to assist businesses, private nonprofit (PNP) organizations and 
residents affected by wildfires occurring Jan. 7-31.

SBA customer service representatives will continue to be on hand at Disaster Loan Outreach Centers (DLOCs) 
in Pacific Palisades and Pasadena to answer questions as well as assist with the disaster loan application process. 
No appointment is necessary, walk-ins are welcome. Those who prefer to schedule an in-person appointment in 
advance can do so at appointment.sba.gov.

The centers hours of operation are as follows:

LOS ANGELES COUNTY

Disaster Loan Outreach Center

Ronald Reagan Palisades Post 283

15247 La Cruz Dr.

Pacific Palisades, CA 90272

Mondays - Saturdays, 8:30 a.m. – 5:00 p.m. 

 

LOS ANGELES COUNTY

Disaster Loan Outreach Center

Pasadena City College 

Community Education Center 

Room B4

3035 E. Foothill Blvd.

Pasadena, CA 91107

Mondays - Fridays, 9:00 a.m. – 6:00 p.m.

Saturdays, 9:00 a.m. – 4:00 p.m.

The following Business Recovery Center is also open and continues to serve survivors:

LOS ANGELES COUNTY

Business Recovery Center

Santa Monica Public Library

Courtyard Café

601 Santa Monica Blvd.

Santa Monica, CA 90401

Mondays - Wednesdays, 10:00 a.m. – 5:00 p.m.

Closes permanently Wednesday, Oct. 29

Under this declaration, SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, 
small agricultural cooperatives, nurseries and PNPs including faith-based organizations impacted by 
financial losses directly related to this disaster. The SBA is unable to provide disaster loans to agricultural producers, 
farmers, or ranchers, except for aquaculture enterprises.

EIDLs are for working capital needs caused by the disaster and are available even if the business or PNP did not 
suffer any physical damage. They may be used to pay fixed debts, payroll, accounts payable, and other bills not 
paid due to the disaster.

The loan amount can be up to $2 million with interest rates as low as 4% for businesses and 3.625% for PNPs 
with terms up to 30 years. Interest does not accrue, and payments are not due until 12 months from the date of 
the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

To apply online, visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 
or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are 
deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

Although the deadline to submit economic injury disaster loan applications has passed, there is a 60-day grace 
period when the SBA will accept applications. The grace period ends on Dec. 7.

Income limits increased — up to $211,050 in Los Angeles 
County — expanding eligibility for families rebuilding after 
disasters.

SACRAMENTO – Continuing its 
support for LA fire survivors, Governor 
Newsom announced today that 
the CalAssist Mortgage Fund will 
increase its income limits, allowing 
thousands more California homeowners 
impacted by recent disasters 
to qualify for mortgage relief. 

“Disaster recovery isn’t some off-
the-shelf formula — it’s community-
driven and grounded in what actually 
works. That’s why we listened to local 
leaders, adapting what’s working and 
staying focused on results. Today’s expansion 
of mortgage relief in Los Angeles 
underscores that commitment 
— because real recovery doesn't leave 
anyone behind.”

Governor Gavin Newsom 

Funded by the state of California and 
administered through the California 
Housing Finance Agency (CalHFA), 
the program provides grants for three 
months of mortgage payments, up to 
$20,000 per household. Applying is 
free, and funds are paid directly to 
mortgage servicers and never have 
to be repaid. Today’s expansion helps 
ensure that more families affected by 
the recent fires in Los Angeles are able 
to access this important relief.

Click here to view the full press release 
on the CalHFA website.

 

Facts About the CalAssist Mortgage 
Fund Disaster Relief Expansion

The CalAssist Mortgage Fund today 
announced it has increased its income 
limits, which will allow thousands 
more California homeowners impacted 
by recent disasters to qualify 
for mortgage relief.

• Funded by the state of California 
and administered through the 
California Housing Finance Agency 
(CalHFA), the program provides 
grants for three months of mortgage 
payments, up to $20,000 per 
household.

• Applying is free, and funds 
are paid directly to mortgage servicers 
and never have to be repaid.

• The CalAssist Mortgage Fund 
was allocated $105 million to assist 
homeowners. Applications are open 
on the CalAssist Mortgage Fund 
website.

• Key program eligibility 
criteria:

o Homeowners whose primary 
residence is destroyed or severely 
damaged as the result of a qualified 
disaster that occurred between Jan. 1, 
2023, and Jan. 8, 2025.

o Applicants must meet the 
program’s updated income limits. 
County-by-county limits are available 
here.

o Eligible properties include 
single-family homes, condos, or 
permanently affixed manufactured 
homes (up to 4 units).

o Applicants must have a mortgage 
or a reverse mortgage.

• Qualified disasters include 
the Eaton Fire, Palisades Fire, Park 
Fire, San Diego floods, and others 
across the state.

• Funds are limited, and applications 
are reviewed in the order received. 
Homeowners are encouraged 
to apply immediately.

• For questions or help completing 
an application, individuals 
can call the CalAssist Mortgage Fund 
call center at 800-501-0019 (Monday–
Friday, 8 a.m.–5 p.m.). Free support is 
also available through HUD-certified 
housing counseling agencies. 

QUOTES

“With this program expansion, we 
can reach more families struggling to 
recover from devastating disasters,” 
said CalHFA Chief Deputy Director 
Rebecca Franklin. “These grants 
provide a safety net, helping families 
while they focus on rebuilding their 
lives.”

“When Californians face their hardest 
moments, the state steps up to help,” 
said Tomiquia Moss, Business, Consumer 
Services and Housing Agency 
Secretary. “Today's announcement 
ensures more people can access these 
critical resources when they need 
them. California is acting decisively 
when our neighbors need it most.”

“Knowing my mortgage was covered 
for three months lifted a huge weight 
off my shoulders,” said Janice Dykstra, 
an Altadena homeowner. “The 
CalAssist Mortgage Fund was a true 
gift, giving me hope and stability after 
the fire destroyed my home”. 

About the CalAssist Mortgage Fund: 
Administered by the California Housing 
Finance Agency (CalHFA), the 
CalAssist Mortgage Fund is a limited-
term program that offers assistance 
to homeowners affected by recent 
disasters in California. In response to 
these emergencies, Governor Gavin 
Newsom proposed in February 2025 
that CalHFA use funds from the National 
Mortgage Settlement to provide 
direct mortgage relief to affected 
homeowners across the state.


Mountain Views News 80 W Sierra Madre Blvd. No. 327 Sierra Madre, Ca. 91024 Office: 626.355.2737 Fax: 626.609.3285 Email: editor@mtnviewsnews.com Website: www.mtnviewsnews.com