Facing foreclosure can be overwhelming, but there is help available. Discover financial assistance, revitalization programs, and expert guidance to navigate this challenging situation.
Financial Relief for Homeowners
The Homeowner Assistance Fund, a $1 billion program established in 2021, provides financial relief to homeowners struggling to make mortgage payments.1 This assistance can help homeowners catch up on missed payments, reduce their monthly mortgage payments, or even refinance their mortgage.
Revitalizing Distressed Communities
The Neighborhood Stabilization Program (NSP), created in 2008, aims to revitalize communities affected by foreclosures.2 This program provides funds for the acquisition and rehabilitation of foreclosed properties, transforming them into affordable housing, community centers, or other beneficial community assets.
Exploring Options to Prevent Foreclosure
Foreclosure prevention counseling can help homeowners explore options to avoid foreclosure, such as loan modifications, repayment plans, and forbearance. Many non-profit organizations offer free or low-cost counseling services, providing homeowners with the guidance and support they need to stay in their homes.
Learn MoreToday!
Don’t let foreclosure overwhelm you. Learn more about these programs and resources: the Homeowner Assistance Fund, the Neighborhood Stabilization Program, and foreclosure prevention counseling services in your area. Take control of your situation and find the help you need to secure your home and rebuild your financial stability.