How does hardest hit Alabama work?

The Short Sale Assistance Program assists eligible financially distressed homeowners with the sale of their primary residence. The program is for homeowners who can no longer sustain their monthly mortgage obligation due to a hardship such as unemployment, underemployment, divorce, death or disability.

What does hardest hit mean?

: profoundly stricken : affected in an especially negative way one of the industries particularly hard-hit during the downturn.

How can I stop foreclosure in Illinois?

Additional Resources

1. Read tips for avoiding foreclosure here.
2. File a complaint against your lender with the Consumer Financial Protection Bureau.
3. File a complaint against your lender with the Illinois Department of Financial and Professional Regulation.
4. Seek free or low-cost legal aid.

Who qualifies for welfare in Alabama?

You must be unemployed or underemployed and have low or very low income. You must also be one of the following: Have a child 18 years of age or younger, or. Be pregnant, or.

What are the programs of the hardest hit fund?

Hardest Hit Fund programs vary state to state, but may include the following: Mortgage payment assistance for unemployed or underemployed homeowners Principal reduction to help homeowners get into more affordable mortgages Help for homeowners who are transitioning out of their homes and into more affordable places of residence

When does hardest hit Alabama program come to an end?

The Hardest Hit Alabama online portal closed March 12, 2021 to facilitate a wind down that will result in the program coming to an end this year. We are no longer accepting applications. In partnership with approved servicers, Hardest Hit Alabama has been able to save more than 8,200 households from foreclosure since its inception in 2010.

When to apply for Indiana hardest hit fund?

Applications are no longer being accepted for mortgage assistance from Indiana’s Hardest Hit Fund. The deadline to apply was May 3, 2021. Additional COVID-19 housing and utility resources can be found at: www.in.gov/ihcda/coronavirus.htm. If you’re an Indiana homeowner struggling with your mortgage, reach out to your lender directly.

Which is the hardest hit state in the US?

Hardest Hit Fund (HHF) Programs. 1 Alabama – Hardest Hit Alabama. Allocation: $162,521,345. 2 Arizona – Save Our Home AZ. 3 California – Keep Your Home CA. 4 Florida – Florida Hardest Hit. 5 Georgia – HomeSafe Georgia.