Hardest Hit Fund definition

Hardest Hit Fund means the Housing Finance Agency Innovation Fund for the Hardest Hit Housing Markets as established by the U.S. Treasury.
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Hardest Hit Fund or “HHF”). CalHFA MAC is an “Eligible Entity” that has an obligation to provide and perform services under that certain “HFA Participation Agreement” (the “HPA”) entered into with Treasury, as the same is amended from time to time.
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Examples of Hardest Hit Fund in a sentence

  • Borrowers can receive HAMP assistance prior to or after receiving Hardest Hit Fund assistance.

  • Servicers will be allowed to write down second liens above the $41,250 but the Hardest Hit Fund assistance is limited to the $16,500 per dwelling.

  • Program Overview The Rescue Payment Assistance (RPA) program, part of Ohio’s Hardest Hit Fund (HHF), provides up to $25,000 to lenders/servicers on behalf of eligible homeowners to bring current delinquent mortgage payments, escrow shortages and corporate advances to third parties.

  • Eligible homeowners may benefit from other Agency Hardest Hit Fund programs provided the total benefit from all Hardest Hit Fund programs does not exceed $98,000.

  • Profits in excess of costs to NWS will be returned to CalHFA MAC for use in other Hardest Hit Fund programs or to be returned to the Department of Treasury.

  • The Contractor shall be available to provide off-site technical assistance to local governments, not-for-profits, community-based organizations or other entities that receive SHIP, HOME or Hardest Hit Fund Program funds, or other affordable housing program funds.

  • Homeowners will be screened for and directed to this program through the Hardest Hit Fund Rhode Island (HHFRI) Intake process.

  • Materials shall be distributed to local governments participating in the SHIP Program and HOME Program, agencies participating in the Hardest Hit Fund Program, not-for-profit corporations which produce or desire to produce affordable housing, public housing authorities, and other interested parties.

  • Eligible homeowners may benefit from other NJHMFA Hardest Hit Fund programs provided the total benefit from all Hardest Hit Fund programs does not exceed $98,000.

  • The Contractor shall provide specialized technical assistance and support to local governments, not-for-profits and other qualified organizations to implement the HOME Program, SHIP Program, The Hardest Hit Fund and other affordable housing programs.