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The Federal Housing Administration will extend the foreclosure moratorium through Jan. 1, 2025, to help homeowners impacted by 2023 wildfires. FHA is taking this action due to the extent of the devastation from the wildfires, the reduced capacity for borrowers to access needed resources, and the unique challenges associated with the geographic location of Maui. ....
A month after wildfires swept over the Island of Maui, more than $60 million in federal assistance has been approved for more than 5,000 households, according to the Federal Emergency Management Agency. ....