$ 350 million available from PA Homeowner Assistance Fund | Connect FM | Local news radio

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Harrisburg, Pennsylvania – Governor Tom Wolf announced the statewide launch of the Pennsylvania Homeowner Assistance Fund, or PAHAF, administered by the Pennsylvania Housing Finance Agency. The PHFA plan for the administration of the PAHAF has been approved by the US Department of the Treasury. PAHAF applications will be open to qualifying Pennsylvania homeowners starting February 1.

“As we continue to advance our recovery efforts from COVID-19, we must deal with the growing number of homeowners facing the potential loss of their home and foreclosure – this program will do just that,” said the Governor Wolf. “The Homeowners Assistance Fund will prioritize those people and families who need it most, as well as those who are socially disadvantaged. I’m grateful that the US Treasury approved the Pennsylvania plan, and we can start the new year by distributing this vital funding to homeowners.

The Commonwealth of Pennsylvania has received more than $ 350 million in American Rescue Plan Act funds through the Homeowner Assistance Fund (HAF) of the US Treasury Department. The fund supports Pennsylvania homeowners with household income of 150% or less of the region’s median income (MAI) who now face additional unforeseen financial hardship due to the COVID-19 pandemic. PAHAF will use these funds to provide qualifying homeowners in Pennsylvania with the much-needed help to prevent and / or facilitate defaults, defaults, foreclosures, relocations, and utility disconnections.

“Our mission is to help Pennsylvanians achieve housing stability despite the many challenges faced in these uncertain times,” said PHFA Executive Director and CEO Robin Wiessmann. “The PAHAF will provide critical support to eligible Pennsylvania homeowners, enabling families to recover and helping communities overcome the devastating financial and economic impacts of the pandemic. “

When the PAHAF applications become available on February 1, it will be possible to complete them entirely online, eliminating the need for paper submissions and simplifying the process for applicants. For those who may need in-person assistance with their claims, housing counseling agencies and legal service providers across the state will be available to help. Owners can learn more about PAHAF and see a list of organizations that can help them by visiting www.pahaf.org or by calling the PAHAF Call Center at 888-987-2423. The call center will be open Monday to Friday from 8:00 a.m. to 8:00 p.m.

To be eligible for this assistance, eligible Pennsylvania homeowners must have experienced a reduction in income or an increase in living expenses due to the COVID-19 pandemic after January 21, 2020 (including an ordeal that began before. January 21, 2020 but which continued after that date). They must also currently own and occupy their home in Pennsylvania as their primary residence. Additionally, the program has specific income requirements to be eligible. To see the full list of eligibility requirements, visit https://pahaf.org/am-i-eligible/.

PAHAF assistance programs available include mortgage reinstatement assistance, mortgage term payment assistance, land tax assistance, and utility payment assistance to avoid displacement. Funds will be distributed directly to mortgage lenders, service providers, utility providers and other authorized third parties, not to homeowners.

Homeowners and other interested parties are encouraged to visit www.pahaf.org to explore PAHAF resources and information.

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