Community Progress Blog

Treasury announces final allocation of $1B in Hardest Hit Funds

Written by on April 20, 2016

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 action to meet identified needs and fully utilize funds by December 31, 2020.

See a full list of states receiving funds below:

Download the full news releaseĀ on the Treasury website.

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