Wyoming Homeowner Assistance Fund (HAF) Program to Open May 2

On May 2, 2022, the Wyoming Homeowner Assistance Fund (HAF) Program will open for applications to assist eligible Wyoming homeowners who have fallen behind on mortgage payments due to the COVID-19 epidemic. This program, a US Department of Treasury initiative authorized by the American Rescue Plan Act of 2021, is administered by the Wyoming Department of Family Services with assistance from the Wyoming Department of Workforce Services.

For more information on getting a grant and also learning about refinance programs, take a look at this.

“We highly encourage homeowners delinquent on their mortgage payments to talk to their mortgage servicer before the program opens,” Department of Family Services Director Korin Schmidt said. “Homeowners should consider all options available to allow them to stay in their homes safely and long term. If you receive HAF funds first, you might not be eligible for options like having your monthly payment lowered.”

The HAF Program will help Wyoming homeowners delinquent on mortgage payments who also may need help with past due payments for utilities, property taxes, homeowners insurance, and homeowners association dues. It will also assist homeowners who own their homes outright or have reverse mortgages but need assistance with utilities, property taxes, homeowners insurance, and homeowners association dues that are past due. The maximum amount allowed per household is $17,000.00, which will be paid directly to servicers, county treasurers, insurance, and utility companies. on behalf of the homeowner.  

Who is Eligible for the Wyoming Homeowner Assistance Fund Program?

For the Wyoming Homeowner Assistance Fund (HAF) Program, Wyoming homeowners must meet the following requirements:

  • Must own a property in Wyoming.
  • Must currently occupy the property as the primary residence.
  • Must have a total annual household income at or below 150% of the area median income.
  • After January 21, 2020, the household must have experienced a COVID-related financial difficulty that caused the household to become past due. 
  • Must be delinquent by at least one payment, including due to a forbearance period. The grant covers arrears only (no prospective or ongoing payments).
  • The loan must be the first lien on the property when asking for mortgage assistance. Within six months of getting aid, the homeowner must not intend to sell the property.

For more information on getting a grant and also learning about refinance programs, take a look at this.

For more information, visit the program’s official site. Applicants must be ready to scan and upload the required documents, including their most recent statements showing delinquencies and/or arrearages, identification, and proof of income.

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