Hardest Hit Fund

In 2010 the U.S. Treasury established the Hardest Hit Fund to provide mortgage distress relief for homeowners facing difficulties as a result of unemployment or underemployment. The Hardest Hit Fund (HHF) was created to help homeowners living in areas that were the most drastically affected by the collapse of the real estate market and the sharp rise in unemployment caused by the recession. Through the HHF, homeowners who can no longer afford to pay their mortgages because of unemployment and reduced household income can find relief.


The Hardest Hit Fund is a separate housing relief program from the Making Home Affordable program. In some cases, even homeowners who aren’t eligible for the MHA program can find assistance in the Hardest Hit Fund. You can learn all of your options to keep your home and avoid foreclosure, and get answers about which option is the best fit for your situation by contacting your state’s housing finance agency or a HUD-approved housing counseling agency in your state. In Florida, you may contact one of our Hardest Hit Fund Advisors at 1-800-435-2261 for more information.


How does the Hardest Hit Fund work?

The Hardest Hit Fund is a $7.6 billion aid program offered in certain states and areas for homeowners stuck in mortgages they can’t afford. These locations were the most strongly impacted by the burst of the real estate bubble, as well as high unemployment rates. Each state offers its own version of the Hardest Hit Fund, but in general the HHF offers:

  • Mortgage payment assistance if you are unable to pay your mortgage due to unemployment, underemployment, or reduced income
  • Mortgage modification to reduce your principal if your mortgage is upside down, to make your mortgage more affordable
  • Second lien loan elimination funding
  • Help for homeowners transitioning out of their homes due to foreclosure, to make finding a new residence more affordable.


Where is the Hardest Hit Fund available?

The Hardest Hit Fund is available in 18 states, as well as to homeowners in the District of Columbia. Each state has different requirements and provisions for their Hardest Hit Fund, so it’s essential to speak with a HUD-approved housing counselor to find out how the HHF applies to your specific situation.

The Hardest Hit Fund is available if you live in:

  • Alabama
  • Arizona
  • California
  • Florida
  • Georgia
  • Illinois
  • Indiana
  • Kentucky
  • Michigan
  • Mississippi
  • Nevada
  • New Jersey
  • North Carolina
  • Ohio
  • Oregon
  • Rhode Island
  • South Carolina
  • Tennessee
  • Washington D.C. (District of Columbia)

We can help Florida homeowners with the Florida Hardest Hit Fund

Each state offers its own version of the Hardest Hit Fund. As an approved Hardest Hit Fund Advisor for the State of Florida, our housing counselors will be able to assist you with determining how the Florida Hardest Hit Fund may be able to assist you. Give us a call at 1-800-435-2261 to speak with an advisor today.