Under-Insured Wildfire Victims Program
The Wood Buffalo Housing and Development Corporation (WBHDC) has created a pilot program to assist un- or under-insured victims of the Fort McMurray wildfire who lost their homes.
The Board of WBHDC has approved the development of a pilot program through which eligible fire victims could purchase a home. The program is an extension of an existing home ownership program operated by WBHDC since 2004 but previously available only to first-time home buyers. That program has helped more than 350 people to their goal of home ownership.
The pilot project is designed to help those who have been directly affected by the wildfire and meet the following criteria:
- Applicants’ homes must have been damaged or destroyed by the fire or during the efforts of fighting the wildfire;
- Applicants with damaged homes must first apply to the NGO’s Supporting Uninsured, Underinsured Recovery (NSUUR) for assistance in repairing their home.
- Applicants must provide evidence of home ownership as shown on the RMWB tax rolls;
- Applicants must prove that the home was owner-occupied at the time of the fire (no revenue properties);
- Program covers one home per family;
- Applicants must show evidence that they had no insurance or were under insured on the affected home;
- Applicants must surrender all rights to the lot on which their damaged or destroyed house was located to their financial institution.
To apply, interested applicants should call 780-799-4050 or email firstname.lastname@example.org.
The pilot program will continue until Sept 1, 2017. At the time, the program will be reviewed and further steps evaluated.
WBHDC’s regular home ownership program, available for first-time buyers who meet financial eligibility requirements, is also open for applications to every resident of the community. Wood Buffalo residents interested in finding out more about that home ownership program can also contact us at email email@example.com.