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Record Details:
Hardest Hit Alabama (HHA)
Organization:Facility Type: Info/Hotline
Status: Open
Address:
, AL 00000
Region: | |
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County/Parish: |
Main/General Business Number: 1.877.497.8182
Main/General Business E-mail Address: (hidden)
Website: http://www.hardesthitalabama.com/index.html
Mission: Storm victims who have been unable to return to work following the April tornadoes may be eligible for increased assistance of up to 18 consecutive monthly payments, or $25,000, through Hardest Hit Alabama.
Due to the overwhelming response Hardest Hit has received, please allow up to 6 weeks for Processing of your application.
Although your application for HHA assistance may be approved, several mortgage servicers have imposed additional requirements before they will accept Hardest Hit funds. We are working diligently with each servicer to provide assistance to all homeowners as soon as possible. Click here to see if your servicer is a participating servicer at this time.
Hardest Hit Alabama has learned that some Alabama citizens have been contacted with an offer for assistance in completing the HHA application for a fee. You do not have to pay any fees to apply for HHA assistance. If you have any questions while completing your application, please contact the Hardest Hit Alabama hotline at 877.497.8182 for free assistance.
This organization provides Temporary or Permanent Service? Temporary
Notes:
Governor Bentley Announces Hardest Hit Alabama Foreclosure Prevention Program
On February 2, Governor Robert Bentley announced the creation of Hardest Hit Alabama (HHA), a new program providing $162 million for the prevention of foreclosure in Alabama.
Approximately $162 million was awarded to Alabama Housing Finance Authority to provide assistance targeted at Alabama's unemployed homeowners. The U.S. Department of Treasury's "Hardest Hit Fund" is authorized under the Emergency Economic Stabilization Act of 2008 and is available in 18 states and the District of Columbia.
Eligible homeowners will receive assistance to pay their current mortgage payment and all other mortgage-related expenses, including payments on any subordinate liens, while unemployed. HHA will provide up to 12 monthly mortgage payments not to exceed $15,000, per household.
Alabama homeowners who have been declared eligible to receive unemployment compensation benefits may apply. To qualify, applicants must have a total annual household income of less than $75,740, and the unpaid principal balance on their home's mortgages must be less than $258,690.
The homeowner must currently occupy the property as their primary residence, and the home must be located in Alabama. Assistance will be available for single-family homes, attached or detached, and manufactured housing attached to real property.
HHA will be available statewide to qualified homeowners on a first-come, first-served basis.Visit the Treasury's website to learn more about the Hardest Hit Funds.
Info Source/Changes:Created At: Fri Aug 26 23:33:46 +0000 2011
Updated At: Fri Aug 26 23:33:46 +0000 2011
Updated By: LPar
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