HHF Documents and Agreements

Additional Program Information

Agreements

Alabama Program

Arizona Program

California Program

Florida Program

Georgia Program

Illinois Program

Indiana Program

Kentucky Program

Michigan Program

Mississippi Program

Nevada Program

New Jersey Program

North Carolina Program

Ohio Program

Oregon Program

Rhode Island Program

South Carolina Program

Tennessee Program

Washington, DC Program

Homeowner Stories

Initial Funding Guidelines

Hardest Hit Fund Program Guidelines Round 1 (February 19, 2010)

Hardest Hit Fund Program Guidelines Round 2 (March 29, 2010)

Hardest Hit Fund Program Guidelines Round 3 (August 11, 2010)

Hardest Hit Fund Program Round 5 Phase 2 Application

Original and Additional HFA Allocations

The Hardest Hit Fund was originally created in 2010 to provide $7.6 billion in targeted aid to 18 states and the District of Columbia deemed hardest hit by the economic and housing market downturn. The program was designed to leverage the expertise of state and local partners by funding locally-tailored foreclosure prevention and neighborhood stabilization solutions. In 2016, an additional $2 billion was allocated to participating HHF states to continue foreclosure prevention and neighborhood stabilization efforts. The additional funding was allocated among participating HFAs in two phases of $1 billion each. The first phase allocated $1 billion using a formula based on state population and the HFA's utilization of their HHF allocation to date. In order to qualify for funding in the first phase, HFAs must have utilized at least 50 percent of their existing HHF allocations. The second phase utilized an application process open to all participating HFAs. Additional funding is subject to utilization thresholds.