AP
La American Bailout Act set aside stimulus money for states to help people at risk of losing their homes.
This is known as the Homeowner Assistance Fund (HAFfor its acronym in English), which provides almost 10 billion dollars for the states and other territories of the United States.
All eligible states and territories have applied for the funding, and 25 states they have already established their programs and are accepting applications.
For now, 11 states have already established pilot programswhile the rest are still in the process of doing so according to the National Council of State Housing Agencies (NCSHA).
If accepted, the funds can be used for mortgage payments, home insurance, utility payments and more.
The fund is available to those who have experienced financial hardship after the pandemic for Covid-19 initially hit the United States.
You may be eligible if you experienced financial hardship after January 21, 2020, as well as hardship that began before this date but continued after.
To qualify, income must be 150% or less than the area median income, or the 100% of median income of the United States, whichever is greater.
Also, the owner’s mortgage balance must be less than 548 thousand 250 dollarsand the amount you can get varies from state to state, but California currently offers the highest maximum of 80 thousand per household.
In comparison, Arizona offers $25,000, Georgia up to $50,000 and Oklahoma up to $20,000..
If and when your application is approved, the funds are usually sent directly to your mortgage lender and other providers.
- Alabama: HAF Open Program
- Alaska: preliminary information available
- Arizona: HAF Open Program
- Arkansas: HAF Open Program
- California: HAF open program
- Colorado: Pilot Program Underway
- Connecticut: Pilot Program Underway
- Delaware: Preliminary information available
- District of Columbia: Pilot Program Underway
- Florida: HAF open program
- Georgia: HAF open program
- Guam: HAF open program
- Hawaii: HAF Open Program
- Idaho: More information coming soon (no page available yet)
- Illinois: Preliminary information available
- Indiana: Preliminary information available
- Iowa: Preliminary information available
- Kansas: Preliminary information available
- Kentucky: HAF Open Program
- Louisiana: HAF Open Program
- Maine: Preliminary information available
- Maryland: HAF Open Program
- Massachusetts: HAF Open Program
- Michigan: HAF Open Program
- Minnesota: Preliminary information available.
- Mississippi: Pilot Program Underway
- Missouri: HAF Open Program
- Montana: Pilot Program Underway
- Nebraska: HAF Open Program
- Nevada: Pilot Program Underway
- New Hampshire: Preliminary Information Available
- New Jersey: HAF Open Program
- New Mexico: HAF Open Program
- New York: HAF open program
- North Carolina: HAF Open Program
- North Dakota: Preliminary information available
- Ohio: Pilot Program Underway
- Oklahoma: HAF Open Program
- Oregon: Preliminary information available
- Pennsylvania: HAF Open Program
- Puerto Rico: HAF open program
- Rhode Island: HAF Open Program
- South Carolina: Pilot Program Underway
- South Dakota: Preliminary information available
- Tennessee: HAF Open Program
- Texas: Pilot Program Underway
- Utah: More information coming soon (no page available yet)
- Vermont: HAF Open Program
- Virginia: HAF open program
- Washington: Preliminary information available.
- West Virginia: Preliminary Information Available
- Wisconsin: Preliminary information available
- Wyoming: Pilot Program Underway
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