Hardest Hit Fund

The housing crisis that began in 2007 led to unprecedented home price declines and sustained higher unemployment in certain parts of the country. The Hardest Hit Fund® (HHF) was created in 2010 to offer innovative ways to help families stay in their homes or otherwise avoid foreclosure in states that have been hit hard by concentrated economic distress.


"I’ve heard my state might have some mortgage assistance programs…What help is available?"

What is the Hardest Hit Fund?

The Hardest Hit Fund was established in February 2010 to provide targeted aid to families in states hit hard by the economic and housing market downturn. Eighteen states and the District of Columbia were chosen either because they were struggling with unemployment rates at or above the national average or home price declines greater than 20 percent.

HHF is administered by the U.S. Department of the Treasury and provides funding for Housing Finance Agencies (HFAs) in the designated areas to develop locally-tailored foreclosure prevention solutions. HFAs may offer assistance until December 31, 2020. However, individual programs may close sooner, once the allotted funds are spent.

What are the Benefits?

Hardest Hit Fund programs vary by state but may include:

  • Mortgage payment or reinstatement assistance for unemployed or underemployed homeowners
  • Funds to help homeowners pay down the principal balance of a mortgage loan and allow for a more affordable monthly payment
  • Help for homeowners who are transitioning out of their homes into more affordable places of residence
  • Blight elimination to help stabilize neighborhoods and
  • Down payment assistance for homebuyers

Get Started

Hardest Hit Fund programs may be available in the following 18 states and the District of Columbia:

  • Alabama
  • Arizona
  • California
  • District of Columbia
  • Florida
  • Georgia
  • Illinois
  • Indiana
  • Kentucky
  • Michigan
  • Mississippi
  • Nevada
  • New Jersey
  • North Carolina
  • Ohio
  • Oregon
  • Rhode Island
  • South Carolina
  • Tennessee

For more information, visit the Hardest Hit Fund website provided by the U.S. Department of Treasury.