More homeowners eligible for mortgage assistance
Published on June 14, 2023
LĪHU‘E – After more than a year in operation, the Homeowner Assistance Fund (HAF) Program is expanding to provide more assistance and expand eligibility to help more homeowners on Kaua‘i.
Now there are more ways for homeowners who didn’t qualify before, to qualify for much-needed assistance.
Effective immediately, the program is expanding in four significant ways:
- The maximum assistance amount per household has been increased to $60,000 from $30,000;
- Forward payment mortgage assistance is available for up to 12 months;
- Homeowners do not have to be delinquent to qualify for assistance; and
- Reverse mortgage homeowners are now eligible.
Since the program’s inception, service providers for Hawaiʻi Community Lending (HCL) have been serving the neediest homeowners by providing essential mortgage assistance to homeowners who experienced financial hardship caused by the COVID-19 pandemic. This expansion will provide more Hawaiʻi homeowners with access to essential mortgage assistance.
Through the program, homeowners may receive assistance with their mortgages, certain property charges, or utilities. Homeowners do not have to have a mortgage to qualify for certain property charges or utility payment assistance, as long as all other program eligibility requirements are met. Homeowners must have experienced a financial hardship caused by the COVID-19 pandemic and meet other eligibility requirements to qualify.
Homeowners who previously applied are encouraged to contact their local program service provider to find out if they are now eligible for assistance or additional assistance.
To apply, visit https://hawaiicommunitylending.com/haf/ or call 808-587-7656.
If you need an auxiliary aid/service or other accommodation due to a disability, call 877-477-5990 or email HAF@hawaiiancommunity.net as soon as possible. Requests made as early as possible will allow adequate time to fulfill your request. Upon request, this notice is available in alternate formats such as large print, Braille, or electronic copy.
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