MAIN PURPOSE AND GOALS:
The Homeowner Assistance Fund (HAF) was created under section 3206 of the American Rescue Plan Act of 2021. It provides residential mortgage assistance and other homeownership related financial assistance to Maryland homeowners who have experienced a hardship during the COVID-19 pandemic to avoid loss of residence for eligible homeowners. The Maryland Department of Housing and Community Development will administer the program by taking applications through an online portal. Homeowners with mortgages should be working with their mortgage servicers so that HAF assistance is supplementary to options that might be offered by the mortgage servicer such as various loan modifications.

PROGRAM INCEPTION AND DURATION:
The Maryland Homeowner Assistance Fund opened to homeowners statewide on December 20, 2021. The program will continue until September 30, 2026, or until funding is fully reserved, whichever comes first.

STRUCTURE:
This assistance will take two forms – the Maryland Homeowner Assistance Fund Grant (HAF Grant) and the Maryland Homeowner Assistance Fund Loan (HAF Loan). The HAF Loan may be combined with the HAF Grant and/or with the HAF WholeHome Grant.

FOR MORE INFORMATION CALL: 1-833-676-0119

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