DESCRIPTION
The purpose of the Homeowner Assistance Fund (HAF) is 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.
DEADLINE
December 15, 2021
AFN EXECUTIVE SUMMARY
Click here to download.
MORE INFORMATION
https://home.treasury.gov/policy-issues/coronavirus/assistance-for-state-local-and-tribal-governments/homeowner-assistance-fund
LEVEL OF EFFORT
Moderate
CATEGORY
Housing
FUNDING SOURCE
ARPA
FUNDING AMOUNT
$498 Million
GRANT AMOUNT
The statute requires the Department of the Treasury to make allocations to Tribes and Tribal entities based on the allocation formulas used for the Emergency Rental Assistance Program under the Consolidated Appropriations Act, 2021.
DEPARTMENT
Department of Treasury
OFFICE
USDA
ELIGIBLE RECIPIENTS
Tribes, tribal entitities