Home Assistance Fund in Maryland
Maryland’s Homeowner Assistance Fund: A Lifeline During COVID-19
Introduction
In response to the unprecedented challenges brought forth by the COVID-19 pandemic, the Maryland Homeowner Assistance Fund (HAF) was established in 2021. Aimed at aiding residents struggling with mortgage payments and housing costs, the program has been a beacon of hope for close to 20,000 households across Maryland.
Providing Crucial Support
Since its inception, the HAF and its associated WholeHome Grants have played a pivotal role in stabilizing housing situations for thousands of Marylanders. The average assistance provided per household stands at approximately $20,000, with additional support of up to $10,000 allocated for critical repairs.
Ongoing Assistance and Support
The commitment of the Maryland Department of Housing and Community Development extends beyond the disbursement of funds. Staff members continue to diligently work with homeowners who have received assistance, providing ongoing support, and education. For inquiries regarding mortgage terms, lien releases, or payoff quotes, individuals can readily access assistance through dedicated channels.
Processing Applications and Beyond
Efforts are underway to ensure the timely processing of all program applications, including those on the waitlist. Applicants are being promptly informed of their status, with denials or waitlist placements accompanied by referrals to alternative resources. The department remains steadfast in its dedication to supporting Marylanders facing foreclosure, offering guidance on accessing loss mitigation assistance and directing individuals to relevant programs like the Homeowner Protection Program.
Swift Administration Amid Crisis
The ability of the Maryland Department of Housing and Community Development to swiftly administer federal funding during the pandemic underscores its commitment to addressing the housing challenges exacerbated by COVID-19.
Conclusion
The Maryland Homeowner Assistance Fund stands as a testament to proactive measures undertaken to safeguard the well-being of residents amidst unprecedented times. By providing vital support and resources, the program continues to serve as a lifeline for individuals navigating the complexities of housing insecurity in the wake of the pandemic.
