Though the Hardest Hit Fund was established to act as a safety net for unemployed or underemployed working class Americans, a recent audit of the program found it’s not helping as much as it could.
Read More »Watchdog Calls on Treasury to Fix Blight Elimination Program
The Hardest Hit Fund was initiated in 2010 to help fund the states that suffered the most from the aftermath of the housing crisis. What recommendations did a government watchdog make to improve the program?
Read More »‘Hardest Hit’ Areas Get More Relief from Treasury
The Hardest Hit Fund (HHF) was created under the government's Troubled Asset Relief Program in 2010 to help the areas that were deemed to have been hit hardest by the financial crisis. How is the latest—and final—round of funding going to be disbursed?
Read More »Treasury to Provide More TARP Funds for Hardest Hit Communities
The latest allocation to the Hardest Hit Fund from the government's Troubled Asset Relief Program, which totals $2 billion, is the fifth round of HHF funding aimed at helping struggling homeowners and stabilizing neighborhoods.
Read More »OCC Comments on Progress of Hardest Hit Fund Initiative
In an article for the newsletter titled "Hardest Hit Fund Provides Locally Tailored Solutions for Struggling Homeowners," U.S. Department of Treasury Director of the Hardest Hit Fund Program Erin Quinn said that as of March 2015, almost 230,000 homeowners had received a combined $4.7 billion worth of assistance from the HHF Program.
Read More »Foreclosure Prevention Effort Exceeds 18,000 in North Carolina
More than 18,000 homeowners in North Carolina have saved their homes as a result of a statewide foreclosure prevention effort, according to a release from the North Carolina Housing Finance Agency (NCHFA).
Read More »Two Indiana Municipalities Receive Funds to Eliminate Blighted Properties
Indiana Lieutenant Governor Sue Ellspermann announced on Friday that two of the state's municipalities were recipients of a combined total of approximately $2.9 million in awards from the Hardest Hit Fund Blight Elimination Program (BEP).
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