The Rescue Plan included $350 million to help Pennsylvania homeowners who have experienced a financial hardship related to COVID. Yes, except for forward mortgage assistance. What's Covered? Pennsylvania Homeowner Assistance Fund - PAHAF You can get up to the lesser of $30,000 or 24 months of assistance to reinstate a first mortgage (bring it current) and pay other housing-related costs, like property taxes and homeowners' insurance, if escrowed. Thousands of homeowners are waiting for mortgage assistance from Have experienced a financial hardship related to COVID. The program provides financial assistance to homeowners for qualified mortgage and housing-related expenses to address delinquency and avoid default, foreclosure, or displacement. Mortgage Reinstatement: Funds to bring a rst mortgage current and to pay other housing-related costs. PHFA was allocated $350 million under the American Rescue Plan Act of 2021 to develop the PAHAF program to help Pennsylvania homeowners avoid mortgage delinquency, foreclosure, or displacement. Emergency Rental Assistance Program (ERAP). Jun 14 2023: Short video traces PHFA's 50-year history. Get Legal Help from the your local legal aid office from the Pennsylvania Legal Aid Network or your local Public Defender. Pennsylvania is now accepting applications for the Homeowner Assistance For purposes of PAHAF, if the applicant or a member of the applicants household receives income because of a disability, the applicant and applicants household will be considered socially disadvantaged. This program is now available as a standalone option - mortgage reinstatement is not required to qualify. The maximum amount of assistance for any homeowner under the PAHAF is $30,000 or up to 24 months of assistance. The Pennsylvania Homeowner Assistance Fund, or PAHAF, is a housing-related program funded by the U.S. Department of the Treasury to assist Pennsylvania homeowners facing financial hardship due to the COVID-19 pandemic. a) Maximize assistance to PA eligible households at the greatest risk for mortgage PAHAF assistance must not duplicate assistance the homeowner may have received from any other federal, state, local, or tribal source for the same expenses. To report Fraud, Waste, or Abuse please clickhere. Legal Aid of Southeastern PA may be able to help residents of Bucks, Chester, Delaware and Montgomery counties with the application process. The U.S. Treasury has provided guidance that HAF funds are not a taxable benefit. In 2005, PHFA launches Employer Assisted Housing (EAH) program with Sony. Jul 10 2023: The latest issue of our "Developments" newsletter is available. Already submitted your PAHAF application? Homeowner owns and occupies the property as their primary residence, Homeowner has experienced a financial hardship after Jan. 21, 2020(including a hardship that began before Jan. 21, 2020 and continued after that date), Homeowners first mortgage is a conforming loan and meets the federal limits for the year in which the loan was taken. The Pennsylvania Homeowner Assistance Fund is being supported, in whole or in part, by federal award number HAF-0131 awarded to the Commonwealth of Pennsylvania by the U.S. Department of the Treasury. The diminished access to credit must stem from circumstances beyond their control. Homeowner owns and occupies the property as their primary residence, Homeowner has experienced a financial hardship after January 21, 2020 (including a hardship that began before that date and continued after that date), Household Income is equal to or less than 150% area median income (AMI) Click, Homeowners first mortgage must have been, at the time of origination, not greater than the Fannie Mae/Freddie Mac conforming loan limit in effect at the time of loan origination, Homeowner has not already received or applied for assistance for mortgage payment, mortgage reinstatement, property charges, and/or utility payment from another federal, state, local, nonprofit, or tribal source. Provides funds for past due property taxes, reverse mortgage insurance premiums, homeowner association (HOA) fees, condominium fees, or common charges that put ownership of the property at-risk including mortgage foreclosures and displacement of homeowners. Homeowner(s) who are in active bankruptcy must provide proof of court or trustee approval to participate in the Program. The fund supports Pennsylvania homeowners whose household income is at or below 150% of the area median income (AMI). The Pennsylvania Homeowner Assistance Fund, or PAHAF, is a housing-related program funded by the U.S. Treasury to assist Pennsylvania homeowners facing financial hardship due to the COVID-19 pandemic that began after January 21, 2020, (including a hardship that began before January 21, 2020 and continued after that date). PHFA is hosting in-person re-registration events across the state throughout July. The PAHAF program will provide assistance for the following mortgage and housing-related expenses to help prevent mortgage delinquencies, default, foreclosure, and displacement. Income calculations are based on the gross income of all adult household members and is adjusted for family size. Some people fell behind on their mortgage but accepted a loan modification or other offer from their mortgage company and are no longer behind on their mortgage. Twitter The Pennsylvania Homeowner Assistance Fund (PAHAF) provides up to $30,000 to help homeowners who have experienced a financial hardship related to COVID. No, PAHAF is only available for homeowners. Hours: Monday through Friday, 9:00am to 6:00pm Email (215) 855-5454. What is the Pennsylvania Homeowner Assistance Fund? YouTube If you have not already submitted aHomeowners Emergency Mortgage Assistance (HEMAP)application, please do not delay in contacting a HEMAP counseling agency for assistance see a full list ofHEMAP certified counseling agencies here. Because available funding may not be sufficient to meet the needs of all Pennsylvania homeowners, the PAHAF Program will serve homeowners with the most need first to meet the prioritization guidance as provided by the U.S. Treasury. Some mortgages that had very large original principal balances will not qualify. PAHAF will work with an applicant with non-traditional income, including self-attestation of income. Pennsylvania Homeowner Assistance Fund increases funding cap amounts to Up to $3,000 or 24 months o payments. Flickr, You skipped to and are entering the secondary navigation menu, You skipped to and are entering the main content. . Mortgage Reinstatement You can apply for PAHAF by visiting pahaf.org or by calling 888-987-2423. Click. And if so, how quickly would I get assistance? Learn more about the documentation requirements to help you prepare to apply when the program launches. X. Criteria Terms Types of assistance that may be available, Review the list of documents required to apply. However, PAHAF funds are recoverable in the event of fraud or overpayment, and all applicants must certify during the PAHAF application process that they will not accept assistance from any other federal, state, local, or tribal program for the same expenses. What is the definition of a socially disadvantaged individual (SDI) for purpose of HAF income qualifications? A PHFA home improvement & repair loan helped in her time of need. As a standalone option, mortgage payments cannot be delinquent to be eligible. Once U.S. Treasury approves the PAHAF plan, the program will begin taking applications from eligible Pennsylvania homeowners who meet the following criteria: Learn more about PAHAFs eligibility criteria. This includes a hardship that began before COVID, but was made worse by COVID. Option 2: Contact the PAHAF Call Center. Since this is a new program, we do not know the answer to this question. PAHAF also does not cover balloon payments. Original post: Jan. 25, 2022). Yes. You may get an email or phone call from a fraudulent company, who will say they offer mortgage relief or foreclosure rescue and a fresh start. They may reference U.S. Here is what we know for now about who will be eligible for the HAF: To be eligible to receive money from PAHAF, you must: NOTE that priority will be given to homeowners with lower income and homeowners who meet the federal definition of socially disadvantaged.. The federal loan limits by year are publishedhere. To report Fraud, Waste, or Abuse please clickhere. How do I file it? Are second mortgages eligible for PAHAF assistance? To be eligible for PAHAF assistance, the U.S. Department of Treasury requires that a homeowners first mortgage is a conforming loan and meets the federal limits for the year in which the loan was taken. Otherwise, you will not be able to visit other pages using the navigation "menu" bar or have access to other content throughout the site. Contact the PAHAF Call Center at 888-987-2423, Monday through Friday, 8 a.m. to 7 p.m. Our staff can assist you by phone in re-registering and reviewing your application. PAHAF reserves the right to serve applicants out of priority sequence to maintain efficiency in application processing. The Program helps with various housing-related expenses for homeowners. See Re-Registration Instructions. Be a Pennsylvania homeowner who occupies your home as a primary residence. The original, unpaid principal balance of the homeowner's first mortgage was not greater than the conforming loan limits in effect at the time of loan origination. 1.3. For those who may need in-person assistance with their applications, housing counseling agencies and legal service providers across the state will be available to help. The PA Homeowner Assistance Fund (PAHAF) includes $350 Million in Covid-19 relief funds that are intended to address and assist the rising number of homeowners facing possible loss of their homes and foreclosure. Jun 12 2023: 50th Anniversary In 1999, Single Family launches the Access program for people with disabilities. You can apply to the PAHAF program to get money to pay the following home-related expenses. PDF . After you have applied, you should tell your mortgage company so that they know you are waiting. Thousands in PA in limbo as mortgage relief stumbles PHFA posts new county data profiles on the web. Funds will be distributed directly to mortgage lenders, servicers, utility providers and other authorized third parties, not to homeowners. Day-to-day operations of the program have transition from a third-party vendor to Pennsylvania Housing Finance Agency (PHFA). Housing Counseling Agencies Because available funding may not be sufficient to meet the needs of all Pennsylvania homeowners, the PAHAF Program will serve homeowners with the most need first. When you apply for PAHAF, you should have the following documents ready: You will need to explain your COVID-related financial hardship, your household income, and answer several questions about your housing or utility expenses. You may also reach out to our Housing Counseling and Legal Service Partner Agencies by clicking below on the links. When will relief through PAHAF be available to eligible homeowners? If you think that you could be a Victim of Crime, help is available. Pennsylvania Homeowner Assistance Fund PAHAF has temporarily paused accepting new application submissions as of February 1, 2023. The call center will be open Monday-Friday from 8 a.m.-8 p.m. To qualify for this assistance, eligible Pennsylvania homeowners must have experienced a reduction of income or increase in living expenses due to the COVID-19 pandemic after Jan. 21, 2020 (including a hardship that began before Jan. 21, 2020 but continued after that date). PAHAF applicants are responsible for continuing their payments on all existing accounts while they await an award determination and award payment(s). Pennsylvania began accepting PAHAF applications from homeowners on February 1, 2022. This program element is only available to homeowners who also qualify for mortgage reinstatement assistance and is not available as a standalone option. As of the launch of the full program on February 1, 2022, each type of PAHAF assistance can only be received once per household. Please see ourWhats Covered? For standalone forward mortgage assistance, however, you cannot be delinquent on mortgage payments to qualify. See Re-Registration Instructions. What you need to know about the PA Homeowner Assistance Fund Homeowners will be able to apply online for PAHAF and see a list of organizations that can assist them by visiting www.pahaf.org or by calling the PAHAF call center at 888-987-2423. This web site requires JavaScript to function properly. Flickr, You skipped to and are entering the secondary navigation menu, You skipped to and are entering the main content. Email. See our FAQs on the pauseand the transition of day-to-day operations of the program. 1437a(b)(2) for purposes of the HAF, or 100% of the national median income ($90,000), whichever is greater. Wolf Administration Launches $350 Million PA Homeowner Assistance Fund New application submissions are currently paused. PAHAF will pay to catch up on certain expenses related to reverse mortgages. Homeowners can call the PAHAF Call Center (888-987-2423) for assistance in completing the application Monday through Friday from 8 a.m. to 7 p.m. Additionally, participatingHousing Counseling Agenciescan provide assistance with completing and submitting applications. You can qualify for PAHAF if you are not the only name on the deed/mortgage, and everyone whose name is on the deed/mortgage cooperates with the application. Tom Wolf announced the statewide launch of PAHAF, with $350 million in funding. Click here to find available housing counselors. Please enable JavaScript in your browser settings then reload/refresh this page. When will relief through PAHAF be available to eligible homeowners? I am a homeowner facing a sheriff sale, do I qualify for PAHAF assistance? Up to $5,000 or 24 months of payments. 1635 Market Street, 5th Floor Are there other resources available to help people affected financially by the pandemic? Per program policy, each type of PAHAF assistance can only be received once per household, even under the increased cap. Click here, or image above, for one-page flyer. If you are a homeowner in need of immediate assistance, we encourage you to contact your servicer to explore loss mitigation options which may provide a more immediate solution. See Re-Registration Instructions. Paris 7e Luxury Apartment for Sale: Buy Luxurious Apartment - Le Figaro If you live in Philadelphia and you would like to talk with someone about PAHAF, you can call the Save Your Home Philly Hotline at 215-334-4663. web site entrance for consumers, homeowners, homebuyers, renters. New program: Pennsylvania Homeowner Assistance Fund (PAHAF 2001 - 2023, Pro Bono Net, All Rights Reserved. PAHAF will pay to catch up on back payments for your first mortgages, but it will not pay for second mortgages, including some home equity loans, lines of credit, or HELOCs. Homeowner(s) must have an annualized current income of no more than the 150% of the area median income for a household, for the relevant household size, as published by the U.S. Department of Housing and Urban Development (HUD) in accordance with 42 U.S.C. What types of mortgages are eligible for reinstatement and, if applicable, monthly payments? At the beginning of this year, Governor Wolf announced the statewide launch of the Pennsylvania Homeowner Assistance Fund ("PAHAF") which will provide Pennsylvania homeowners facing hardship due to the COVID-19 pandemic approximately $350 million in financial assistance for qualified housing-related expenses, including both delinquent property taxes and delinquent payments for utility . The maximum amount of assistance for any homeowner under the PAHAF is $30,000 or up to 24 months of assistance. Learn more about PAHAF documents, policies, and status reports. LinkedIn The Pennsylvania Homeowner Assistance Fund is being supported, in whole or in part, by federal award number HAF-0131 awarded to the Commonwealth of Pennsylvania by the U.S. Department of the Treasury. Please enable JavaScript in your browser settings then reload/refresh this page. If I receive PAHAF assistance, and then I fall behind again, can I reapply? JavaScript is turned off in your browser. Mortgage reinstatement. Otherwise, you will not be able to visit other pages using the navigation "menu" bar or have access to other content throughout the site. You may still be eligible if you meet all other Program eligibility requirements. I currently do not possess a title for my property or have inherited the property, do I qualify for PAHAF assistance? PAHAF has been open to eligible Pennsylvania homeowners since February 1, 2022. Delinquent property taxes. PAHAF assistance must not duplicate assistance the homeowner may have received from any other federal, state, local, or tribal source for the same expenses. The latest issue of our "Around the House" newsletter is now available. Program Operating Principles. Please beware of potential scams. Mortgage Payment. Mortgage Payment Assistance - PA 211 It is the responsibility of the homeowner to seek tax advice from professional financial or tax service providers. The PAHAF program provides assistance for the following mortgage and housing-related expenses, to address mortgage delinquencies and avoid default, foreclosure, and displacement as a result of COVID-19 pandemic related financial hardships. Pandemic relief is available thru the PA Homeowner Assistance Fund. For the HAF Program, a socially disadvantaged individual is defined as someone whose ability to purchase or own a home has been impaired due to diminished access to credit on reasonable terms as compared to others in comparable economic circumstances, based on disparities in homeownership rates in the HAF participants jurisdiction as documented by the U.S. Census. The Rescue Plan included $350 million to help Pennsylvania homeowners who have experienced a financial hardship related to COVID. It will pay for the following expenses: If you are delinquent in your mortgage, but cannot afford to start paying your mortgage again yet, PAHAF will also pay for up to six months of mortgage payments going forward. Get Directions. Legal Services Corporation is a major federal funder of LASP. Since this is a new program, we dont yet know. However, if you need more than this amount to catch up on your payments, you will need to find other sources of funding to make up the difference. Before you contact CLS, please collect materials relating to your case, including letters and any recent bills you may have. If you think you are eligible, you should apply as soon as possible. PDF Mortgage and Housing-related Assistance for Pennsylvania Homeowners
