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Florida’s Hardest Hit Fund program blistered in report

As of February 2018, the only remaining Hardest Hit program for Florida homeowners in danger of foreclosure is the Florida Elderly Mortgage Assistance (ELMORE) program. This program offers as much as $50,000 to elderly homeowners who have reverse mortgages.

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Program Fact Sheet Background In February 2010, US Treasury (Treasury) created the "Housing Finance Agency (HFA) Innovation Fund for the Hardest- Hit Housing Markets" (HFA Hardest-Hit Fund) and allocated funds under the emergency economic stabilization act of 2008 (EESA) to five states: Arizona, California, Florida, Michigan and Nevada.

Florida’s hardest-hit fund; foreclosure Counseling Program; How to Request a Payoff;. Florida Hardest-Hit Fund Program / HHF Reports; Quarterly Reports 2019; 2018; 2017; 2016; 2015; 2014; 2013; 2012; 2011;. 020-Quarterly Program Report – 06-30-2018; 030-Quarterly Program Report – 09-30.

Program partiipants have until the end of 2020 to utilize funds allocated under HHF. President Obama established the Hardest Hit Fund in February 2010 to provide targeted aid to families in states hit hard by the economic and housing market downturn. As part of the Administration’s overall strategy for restoring stability to housing.

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This blog contains information about Florida’s Hardest-Hit Fund program, designed to help financially distressed homeowners avoid foreclosure. The national program provides federal funding for innovative measures to help families in the states that have been hit the hardest by the aftermath of the housing bubble.

PREVIOUS COVERAGE: Florida’s Hardest Hit Fund program blistered in report As the Times has reported, Florida is now using a large share of its remaining Hardest Hit money to provide downpayment assistance for people buying homes instead of using the money to help people save homes they are struggling to keep.

Applications for Florida Hardest-Hit Fund Programs has closed. If you are already in the application process, please contact your assigned advisor for additional information. If you need further assistance please call the toll-free HHF Information Line at 1-877-863-5244.

The Hardest Hit Fund is a federal loan program established in 2010 that provides up to $12,000 over six months to unemployed or underemployed homeowners struggling to make mortgage payments.

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PREVIOUS COVERAGE: Florida’s Hardest Hit Fund program blistered in report As the Times has reported, Florida is now using a large share of its remaining Hardest Hit money to provide downpayment.

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