Can the Hardest Hit Fund Program help you avoid foreclosure?

Are you qualified for assistance from the Hardest Hit Fund? 

Page Content

The treasury announced that the Hardest Hit Fund^® in 2010   has provided more than $7.6 billion in aid for homeowners in states hit hardest by this  housing crisis. State housing finance agencies have used this fund to develop programs in an effort to stabilize local housing markets and help homeowners avoid foreclosure.

 

The Hardest Hit Fund program compliments the Making Home Affordable Program, however it's not limited to homeowners eligible for Making Home Affordable.

 

Hardest Hit Fund programs are managed differently state to state, but may include:

• Mortgage payment assistance for unemployed or underemployed homeowners
• Principal reduction to help homeowners get into more affordable mortgages
• Funding to eliminate homeowners' second lien loans
• Help for homeowners who are transitioning out of their homes and into more affordable places of residence.

The following 18 states plus the District of Columbia are participating. If you live in one of these states or DC, contact your housing finance agency's program office:

Alabama Arizona California Florida Georgia Illinois Indiana Kentucky Michigan Mississippi

Nevada New Jersey North Carolina Ohio Oregon Rhode Island South Carolina Tennessee Washington D.C.

For more information, visit Treasury's Hardest Hit Fund page

 

Jennifer & Gary Ricco Realtors Phone: 661-803-2093 E-mail: Jennifer@JenniferRicco.com RE/MAX of Santa Clarita 25101 The Old Road Santa Clarita, CA 91381 US Fax: 866-873-6403
DRE License # 01461940/01803395