Posts Tagged ‘Treasury’
Treasury announces final allocation of $1B in Hardest Hit Funds
Thirteen of the 19 participating Hardest Hit Fund states will receive additional dollars allocated through a competitive application process that required state Housing Finance Agencies (HFAs) to demonstrate an ongoing need for additional funding to prevent foreclosure and stabilize markets. According to Treasury, states receiving additional funds under the final allocation submitted reasonable plans of…
Read MoreHardest Hit Funds demolition policy change on track to become a boon for distressed communities
This article was originally published in the Summer 2014 issue of Breaking Ground, our quarterly newsletter. To receive Breaking Ground in your inbox, please join our email list. For an update on the latest round of Hardest Hit Fund allocations in April, 2016, click here. In February 2010, President Obama unveiled the Hardest Hit Fund, a…
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