In 2012, as part of the American Recovery and Reinvestment Act, a third stimulus check was issued to millions of Americans. Even though there is no evidence that a fourth one will be held, this does not imply that there is no additional funding available.
In reality, the American Recovery and Reinvestment Act set aside an additional ten billion dollars, which are currently being prepared for distribution to eligible citizens in 43 states.
The Homeowner Assistance Fund (HAF) was established “to prevent mortgage delinquencies and defaults, foreclosures, loss of utilities or home energy services, and displacement of homeowners experiencing financial hardship after January 21, 2020,” according to the Treasury Department.
The funds belong to the HAF. The government will prioritize funds for “homeowners who have experienced the greatest hardships, using local and national income indicators to maximize the impact.”
So, how much can you obtain? Despite the fact that all of the money was distributed to the states, territories, and tribes, each of the fifty states, the District of Columbia, and Puerto Rico received $50,000,000.
The states will then determine who will receive the funding and how much each will receive. 43 states have thus far initiated HAF programs or pilot programs. If you reside in one of these states, you can learn how to apply and the requirements for doing so by visiting this page and clicking on your state.