Homeowner Assistance Fund Portal Opens Jan 3, 2022

NYHA News ,

Governor Kathy Hochul announced that New York State is the first state in the nation to receive U.S. Department of the Treasury's approval to launch its Homeowner Assistance Fund, a program that will provide up to $539 million to help eligible homeowners avert mortgage delinquency, default, foreclosure, and displacement. HCR will administer the program and applications open on Monday, January 3, 2022.
To learn more, visit the HAF website or contact the New York State Homeowners Assistance Fund call center at 1-844-77-NYHAF.

Under NYS HAF, homeowners are defined as New York State residents who own a home and occupy that home as their primary residence (meaning it is where you live for the majority of every calendar year).
Types of eligible homeowners include:

  • Mortgaged homeowners who are in a forbearance plan or were offered a forbearance plan that has expired; this may be a first and/or a second mortgage.
  • Mortgaged homeowners who were not offered a forbearance plan, or missed the option to apply for one, and are considered delinquent on their first or second mortgage.
  • Homeowners who are behind on payments for property taxes, water bills, or sewage bills.
  • Coop or condo homeowners who are behind on monthly carrying charges such as maintenance fees or homeowner association payments.
  • Homeowners who live in manufactured homes and who are behind on home loans, retail installment contracts used to purchase their homes or monthly lot rent payments.

For more information, please click here.