HAF – Homeowner Assistance Fund Information

HAF – Homeowner Assistance Fund Information

The federal government authorized a Homeowner Assistance Fund (HAF) to prevent mortgage delinquencies and defaults, foreclosures, loss of utilities or home energy services, and displacement of homeowners experiencing financial hardship after January 21, 2020. Funds from the HAF may be used for assistance with mortgage payments, homeowner’s insurance, utility payments, and other specified purposes. The law prioritizes funds for homeowners who have experienced the greatest hardships, leveraging local and national income indicators to maximize the impact.

The Homeowner Assistance Fund provides:

• A minimum of $50 million for each state, the District of Columbia and Puerto Rico
• $498 million for Tribes or Tribally designated housing entities and the Department of Hawaiian Homelands
• $30 million for the territories of Guam, American Samoa, the U.S. Virgin Islands, and the Commonwealth of the Northern Mariana Islands

Learn More about your state’s program, eligibility and whether or not funds are still available. Click Here