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Florida officials used Hardest Hit mortgage relief for luxury hotel stays

Between 2011 and 2016, officials of the Florida Housing Finance Corp. charged the Hardest Hit Fund all or part of the cost of attending conferences in San Diego, Orlando, Miami, Boston and Nashville, Tenn., even though less than two hours out of four days of meetings in each instance appeared to be related to the hardest hit mortgage relief program.

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serve as an additional resource for Hardest Hit Fund program information, performance data, and key economic and loan performance indicators. For more detailed information, including any reporting corrections or revisions that occurred subsequent to the quarter end, please see the official quarterly report posted on each

Florida’s ‘Hardest-hit’ homeowners are eligible for more aid. Instead of six months of mortgage assistance, homeowners can now get up to a year, while the allowance to bring a loan.

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A new $1.5 billion funding initiative called the fha hardest-hit fund provides money for housing finance agencies or FHAs in Nevada, Michigan, California, Florida and Arizona. The Hardest-Hit Fund was created to offer what the Obama Administration calls "relief in direct proportion to the scale of each state’s housing challenges."

The agency also has provided more than $2.7 million in mortgage payment assistance to jobless homeowners facing foreclosure in Sarasota, Manatee and Charlotte counties. These programs are part of a 18-state initiative to help homeowners avoid foreclosure, with $7.6 billion dedicated to the Hardest-Hit relief, including $1 billion in Florida.

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Florida homeowners can now apply to the $1 billion Hardest hit fund mortgage assistance program under new eligibility guidelines created to allow more people to benefit from the federal plan. The state approved a revamp of the Hardest Hit Fund in April and the U.S. Treasury Department signed-off on the changes in May.

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