A total of $35 million is allocated for administrative expenses, which include PHFA administrative cost and Third-Party Vendor cost, as defined below: a)Administration of intake, eligibility review, escalations, disbursal of assistance. PAHAF has temporarily paused accepting new application submissions as of February 1, 2023. For homeowners with a mortgage whose property charges are not in escrow, the same limits apply; however, this assistance will only be made available if there is remaining funding under the maximum $30,000/24 month cap after reinstatement and/or mortgage payment assistance have been provided. All active PHFA requests for sole source contracts currently awaiting approval will be posted here. By mid-December, more than 6,000 applications were in the final stage of approval, according to public data. Communication strategies, incorporating earned and paid media will be tailored to the audience with messaging translated and delivered in both English and Spanish and potentially additional languages, as those needs are identified. b)Application portal creation and management. PHFA held a meeting on July 6, 2021 and received comments from PA Legal Service Providers June 15, 2021 and July 20, 2021 specific to all of the elements of HAF funding pursuant to Treasury guidance and specific to the PAHAF under consideration. Section 1680.101 et seq., as amended. The federal CARES Act, passed in March 2020, provides forbearances for homeowners with federally backed mortgages. Pandemic-related job losses were widespread throughout Pennsylvania, but the pace of the ongoing recovery has varied across Pennsylvania's counties. d)Marketing and outreach by organizations with experience and capacity for reaching low-to-moderate income homeowners and socially disadvantaged populations. PAHAF - Applications Are Paused While PA Housing Finance Agency Takes For more information on the program pause, please visit the PAHAF website. Day-to-day operations of the program will transition from a third-party vendor to Pennsylvania Housing Finance Agency (PHFA) starting February 6. The forbearance rate peaked in June 2020 at 8.7% and has declined steadily since to 4.3% in January 2021 (See Figure 4). While mortgage companies are mostly required to pause the foreclosure process after someone . d)Put homeowners in best position to succeed in the future while maximizing existing federal, state, and local resources to avoid duplication of services, programs and dollars. Based on American Community Survey, 20152019 data from Integrated Public Use Microdata Series (IPUMS), an estimated 952,213 Pennsylvania homeowners are income eligible at 100% of AMI and do not currently have a mortgage, including 108,698 socially disadvantaged homeowners. How Do I Get Started? | Pennsylvania Homeowners Assistance Fund PA Homeowner Assistance Fund | preventing homeowner mortgage The following is the order of priority for eligible PAHAF applicants: PAHAF will not accept applications in Priority 4 until such time that it has been demonstrated that the program can comply with the 60% spend threshold for households at or below 100% AMI. You may still be eligible for assistance. Approximately forty nine percent (49%) of home purchase originations between 2007 and 2019 were for households with incomes at or below their Area Median Income (AMI). The PAHAF program will expend extensive time and resources to ensure that our marketing and outreach efforts are focused on engaging these homeowners to apply for program funds. PAHAF may provide HAF funds only to a homeowner with respect to qualified expenses related to the dwelling that is such homeowner's primary residence. The following combination of public and proprietary data were used to develop estimates of COVID-related homeowner needs in Pennsylvania: Home Mortgage Disclosure Act (HMDA) (12 U.S.C 28012811), loan-level data (2007 to 2019), U.S. Census American Community Survey (Census ACS) 5-Year Estimates (201519), PHFA borrower records, Bureau of Labor Statistics' Local Area Unemployment Statistics program (2020 to Q1 2021), zip code-level Mortgage Analytics and Performance Dashboard (MAPD) data on loan performance collected and compiled by the private research firm Black Knight, LLC. Tax delinquency data from Philadelphia and Allegheny counties suggest that homeowners with COVID-related income losses could be thousands of dollars behind on property taxes. All about The Pennsylvania Homeowner Assistance Fund (PAHAF - Facebook In Allegheny County 700 homeowners were newly tax delinquent in 2020,9 In addition, an individual may be determined to be a socially disadvantaged individual in accordance with a process developed by a HAF participant for determining whether a homeowner is a socially disadvantaged individual in accordance with applicable law, which may reasonably rely on self-attestations. You may leave a voicemail and a PAHAF Customer Support Specialist will . b)Utilizing proactive outreach and marketing programs to ensure income eligible homeowners are reached. In anticipation of the program launch, gather the required documentation in preparation to submit an application. Approximately forty percent (40%) or 1,386,046 households do not have a mortgage. Pennsylvania Homeowner Assistance Fund Not less than 60% of amounts made available to each HAF participant must be used for qualified expenses that assist homeowners having incomes equal to or less than 100% of the area median income or equal to or less than 100% of the median income for the United States, whichever is greater. When PAHAF launches, applications will be processed as quickly as possible once all documentation is submitted, although a payment timeframe cannot be guaranteed to qualified homeowners. This term is interchangeable with the term ''lender. PHFA - Pennsylvania Housing Finance Agency, a public corporation and government instrumentality, created by and existing pursuant to the Housing Finance Agency Law, 35 P.S. 1717(b)(2)) and 305(a)(2) of the Federal Home Loan Mortgage Corporation Act (12 U.S.C. Step 2 Once registered, log in and access your application . Please direct comments or questions to. The annualized unemployment rate for Asian Pennsylvanians was also higher (10.2%) than white residents, although within the survey margin of error. For instance, homeowners with a federally backed mortgage loan can get a COVID-19 forbearance. By April 2020, the Pennsylvania economy lost about 926,000 jobs.4 As of May 2021, employment had rebounded to five percent (-5%) below pre-pandemic levels in Allegheny County and statewide but were still ten percent (-9%) below pre-pandemic levels in Philadelphia. PDF Mortgage and Housing-related Assistance for Pennsylvania Homeowners The public comment period is open from September 11, 2021 to October 11, 2021. You may still be eligible for assistance, although you will need to prove your ownership interest in the property. ), According to Home Mortgage Disclosure Act (HMDA) data on home loans originated between 2007 and 2019, about a third of Pennsylvania homeowners purchased their homes with non-conventional mortgages secured by the Federal Housing Administration (FHA), the U.S. Department of Veterans Affairs (VA) or the United States Department of Agriculture's (USDA) Rural Housing Service or Farm Service Agency (RSA/FSA). No, the Program will pay your mortgage servicer, utility company, local municipality, etc. You will be required to register with the email address used in your original PAHAF application. If you get an unsolicited offer by phone, in the U.S. mail, through email, or by text message offering mortgage relief or foreclosure rescue services, be wary. PDF Updated: June 16, 2022 - Pennsylvania Homeowner Assistance Fund 100% of the area median income for a householdtwo times the income limit for very-low-income families, for the relevant household size, as published by the Department of Housing and Urban Development (HUD) in accordance with 42 U.S.C. PDF Wolf Administration Launches $350 Million Pa. Homeowner - Housing You may seek assistance with obtaining proof of ownership through a legal service provider. Pennsylvania Homeowners Assistance Fund | Pennsylvania Homeowners The University of Michigan's (U-M's) official address has been officially updated to 1109 Geddes Ave. on SAM.gov and the FDP Clearinghouse. Facing Act 91 or foreclosure does not disqualify you for assistance. Last Review and Update: Nov 08, 2022 Are you a victim of crime? Eligible homeowners in Pennsylvania who've experienced a financial hardship because of the pandemic can get a piece of the $350 million allocated to the state from the Pennsylvania Homeowner Assistance Fund (PAHAF) program. For purposes of PAHAF, PHFA has determined eligibility at 150% of the county area median income. For legal services, click here. PHFA's plan for administration of the PAHAF has been approved by the U.S. Department of the Treasury. Additionally, PHFA will utilize its partnership with the PA Mortgage Bankers, Community Development Financial Institutions (CDFI), Community Development Corporations (CDC) and loan servicers with PA eligible clients to engage those groups as a referral source for PAHAF applicants. Visit PAVictimsHelp.org for more information. Call us to set up an appointment to help you file your application at (267) 765-2704. Assistance is available for a first mortgage on the property of an eligible homeowner, subject to all other eligibility criteria. A substantially greater share of white households than households of color own their homes unencumbered from mortgage debt; forty-one percent (41%) and thirty-four percent (34%), respectively. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings. As the nations largest public research university, the Office of the Vice President for Research (OVPR) aims to catalyze, support and safeguard U-M research and scholarship activity. To learn more, see the program's Frequently Asked Questions section. Income-eligible Hispanic homeowners without a mortgage also commonly live in Berks (9%) and Lehigh (8%) counties. Under section 3206 of the American Rescue Plan Act of 2021 (Pub.L. Even if the foreclosure process has started, it often takes quite a while before your home is foreclosed. 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. PHFA has established credibility and trust in the communities the PAHAF was created to serve. PHFA will hold two statewide hearings detailing the Treasury guidance requirements for eligible homeowners, qualified expenses and qualified hardships. Your content goes here. For purposes of PAHAF, PHFA has determined eligibility at 100% of the county area median income. Homeowner(s) who are in active bankruptcy must provide proof of court or trustee approval to participate in the Program. The application portal crashed Tuesday, inundated with folks trying to register the first day. Such gains in efficiency benefit all applicants, as the nature of homeowner need is extremely time sensitive. The greatest concentrations of zip codes with elevated populations of Social Disadvantaged households tend to be clustered in the Southeast (Philadelphia), Northwest (Erie), South-Central (Harrisburg and York), Northeast (Monroe), and Pittsburgh areas. PHFA has direct experience marketing housing programs and services to socially disadvantaged populations and has built strong relationships with business partners tied to these communities. For homeowners without a mortgage, the maximum allowance for delinquent property taxes is 24 months of assistance or $5,000, whichever is less; for reverse mortgage insurance premiums, 24 months of assistance or $3,000, whichever is less; and for homeowner/condominium fees, 24 months of assistance or $5,000, whichever is less. 1437a(b)(2) for purposes of the HAF. Lab-grown chicken, meat approved in US for Upside Food, GOOD Meat PAHAF will work with an applicant with non-traditional income, including self-attestation of income. Learn More. This targeting also includes socially disadvantaged borrowers as well as those with specific types of federally backed loans. While it is not possible to know which of these delinquent accounts are associated with renters and those associated with homeowners, a conservative estimate of 10% of the income eligible owner-occupied households in PA in need of utilities assistance would represent roughly 182,000 households. Ensure that the application, approval, and disbursement process is easily accessible, clear, Frequently Asked Questions - Pennsylvania Homeowner Assistance Fund 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. The geography of property tax delinquency in Allegheny County (see Map 13 below) also suggests that many socially disadvantaged homeowners may need assistance with property tax arrearages. Of the nearly three and half million owner-occupied housing units, about three million (3,253,640) are one-unit detached or attached dwellings. SVB Financial to Sell Silicon Valley Bank Back to Founder Jeff Leerink with a median delinquency arrearage of $1,172 and average of $1,743. Leqembi, first Alzheimer's drug to slow disease, gets full FDA approval These regions are used throughout this document to describe the state's demographic, economic and housing conditions and how they vary geographically. Mortgageany credit transaction (1) that is secured by a mortgage, deed of trust, or other consensual security interest on a principal residence of a borrower that is (a) a one- to four-unit dwelling, or (b) a residential real property that includes a one- to four-unit dwelling; and (2) the unpaid principal balance of which was, at the time of origination, not more than the conforming loan limit. State Board Launches Approval Process for Student and - NCSBE Earned media will be another component of the campaign. PAHAF will start accepting applications on February 1, 2022. If you need help with the application process, contact the PAHAF program at 888-987-2423. Overall, the greatest volume of home purchase lending to low to moderate-income households is concentrated in the Southeast, Southwest and South Central regions of the state. The impact of pandemic-related job losses in Pennsylvania has been felt disproportionately by people of color. And a recent report from Philadelphia's Community Legal Services and the PA Utility Law Project found that utility delinquencies are disproportionately concentrated among socially disadvantaged residents.10. You can find this and other information on the Frequently NIH is transitioning to updated terminology regarding funding opportunities to better align with the Uniform Guidance. The PAHAF application portal will be accessible online and via mobile device, Homeowners who may require additional assistance in completing the application will also be able to contact the PAHAF Call Center, a participating housing counseling agency or legal services provider for assistance. Yes, PHFA maintains a webpage of resources for individuals who have lost income due to the COVID-19 pandemic. The attorney listings on this site are paid attorney advertising. Numerous counties and communities have significant proportions of socially disadvantaged homeowners. Legal Aid of Southeastern PA may be able to help residents of Bucks, Chester, Delaware and Montgomery counties with the application process. Your use of this website constitutes acceptance of the Terms of Use, Supplemental Terms, Privacy Policy and Cookie Policy. The Agency will be undertaking both comprehensive and specific efforts to engage with local stakeholders, community groups and other trusted partners to ensure the targeting provisions are reached. 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. Those people, mostly stuck in debt verification, had been waiting, on average, more than 6 months, said Mandy McIntyre, a PAHAF spokesperson. Join us as we discuss The Pennsylvania Homeowner Assistance Fund (PAHAF) and how you might be eligible for assistance with any delinquent mortgage payments! All names on that Listserv will be notified. It also includes a loan secured by a manufactured home, or a contract for deed (also known as a land contract). A PHFA HAF page was created and a list of interested parties has been accumulating. The outreach campaign will employ several strategies to reach homeowners struggling in the wake of the pandemic. Indicators of impairment under this definition may include being a (1) member of a group that has been subjected to racial or ethnic prejudice or cultural bias within American society, (2) resident of a majority-minority Census tract; (3) individual with limited English proficiency; (4) resident of a U.S. territory, Indian reservation, or Hawaiian Home Land, or (5) individual who lives in a persistent-poverty county, meaning any county that has had 20% or more of its population living in poverty over the past 30 years as measured by the three most recent decennial censuses. The PAHAF program will utilize a data driven approach to targeting the most at need low-to-moderate homeowners earning less than 150% of AMI and socially disadvantaged. According to data from the Mortgage Bankers Association (MBA), about 6.6 percent of mortgages in the state were delinquent in Q4 2019, prior to the pandemic. News Center | Press Releases, Notices, Annual Reports, RFP RFQ Listening to impacted homeowners and trusted partners will ensure a more impactful campaign and help fine tune the marketing approach to reach the target audience. Click here for the list of the HUD-approved PAHAF Housing Counseling Agencies. Once the Program launches, homeowners can call the PAHAF Call Center for assistance in completing the application, as well as a participating Housing Counseling and Legal Service Partner Agencies. It contains proposal information that must be routed via the U-M eResearch Proposal Management system and signed by university officials.
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