Editor’s Note: This post was originally published in June 2021 and has been last updated on July 28, 2021 for accuracy.
This week, the U.S. Treasury Department announced an extension of the Homeowner Assistance Funds (HAF) Plan. This notice extends the most recently announced deadline of July 31st, which was communicated to state agencies in late June. As part of the Treasury’s communication in June, states also received data contributed by several federal agencies to help identify communities that HAF program funds could target for assistance. The Treasury has also indicated that they intend to open a portal for grantees to enter and submit their HAF plans.
About the Homeowner Assistance Fund
The Homeowner Assistance Fund provides $9.961 billion in assistance nationally related to mortgages and housing, including:
- 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 Home Lands
- $30 million for the territories of Guam, American Samoa, the U.S. Virgin Islands, and the Commonwealth of the Northern Mariana Islands
You can read more about it on the U.S. Treasury website.