Hardest Hit Fund definition

Hardest Hit Fund means the Housing Finance Agency Innovation Fund for the Hardest Hit Housing Markets as established by the U.S. Treasury.
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Hardest Hit Fund or “HHF”). CalHFA MAC is an “Eligible Entity” that has an obligation to provide and perform services under that certain “HFA Participation Agreement” (the “HPA”) entered into with Treasury, as the same is amended from time to time.
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Examples of Hardest Hit Fund in a sentence

  • The source of this funding is U.S. Treasury’s Hardest Hit Fund (HHF), which was established in the aftermath of the mortgage market crisis to help homeowners at risk of losing their homes to foreclosure.

  • Hardest Hit Fund, Authority Financial Statements, Accounting Payments Report, Investment Holdings, Communications, External Relations and Operational Excellence.

  • The purpose of the Hardest Hit Fund Blight Reduction Program (“BRP”) is to decrease preventable foreclosures and stabilize neighborhoods by strategically targeting those residential areas with vacant and abandoned blighted residential properties in need of demolition and greening.

  • Chairman Harris referred the Members to the electronic Board book material for the following reports: Hardest Hit Fund, Authority Financial Statements, Contract List, and IHDA Investment Portfolio.

  • Note: For information and quarterly updates about the Hardest Hit Fund, please visit the website for the Hardest Hit Fund or the TARP Monthly Report to Congress.

  • Borrowers can receive HAMP assistance prior to or after receiving Hardest Hit Fund assistance.

  • The Hardest Hit Fund (“HHF”) allows participating Housing Finance Agencies (“HFAs”) in the nation’s hardest hit housing and unemployment markets to design innovative, locally- targeted foreclosure prevention programs, provided the programs satisfy the requirements for funding under the EESA.

  • U.S. Department of the Treasury requires the funds for the Hardest Hit Fund program to be deposited in the BNYM accounts.

  • Servicers will be allowed to write down second liens above the $41,250 but the Hardest Hit Fund assistance is limited to the $16,500 per dwelling.

  • The Housing Finance Agency Innovation Fund for the Hardest-Hit Housing Markets (Hardest Hit Fund or HHF) provides federal funding for innovative measures to help families in states that have been hit the hardest by the housing crisis and economic downturn.

Related to Hardest Hit Fund

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