Governor Newsom is proposing a $125 million program to help wildfire victims.
The program would be for homeowners whose homes have been damaged or destroyed by natural disasters dating back to 2023 and are at risk of foreclosure. Victims of the Palisades, Eaton, Park and Franklin fires could be eligible for relief. Newsom’s office says the relief package would not impact the proposed 2025-2026 budget for the state since it would use existing mortgage settlement funding.
If approved, the California Housing Finance Agency would administer the package.
