Fla.’s Hardest-Hit Fund program expires Wednesday
TALLAHASSEE, Fla. – Jan. 30, 2018 – Florida homeowners facing foreclosure who hoped to tap into federal funds for help must do so quickly. The Florida Housing Finance Corporation (FHFC) that oversees the funds just announced that the three largest Hardest-Hit federal aid (HHF) programs will end on Jan. 31, 2018, rather than at the end of the year.
According to the Florida Hardest Hit website,flhardesthithelp.org, applications must be completed by Wednesday night, but it's no longer accepting new applications.
"If you already have an application in the system, please contact your assigned advisor for additional information on the closing of the program," the website states. "Do not attempt to start a new application. If you need further assistance, please call the toll-free HHF Information Line at 1-877-863-5244 to speak with an agent."
According to Trey Price, FHFC executive director, the Florida HHF was originally scheduled to close in December 2020, but "we were able to meet the needs of struggling homeowners ahead of schedule." FHFC says that 46,908 Florida families had received assistance through HHF programs as of Nov. 30, 2017.
"Florida Housing is pleased to have positively impacted the lives of more than 46,000 Floridians and helped them save or buy a home," says Price, who joined Florida Housing in March 2017. "We are focused on providing housing solutions and distributing these funds in an efficient and effective manner."
© 2018 Florida Realtors®