Application Portal Now Open for Homeowner Assistance Fund

By OHFA Communications

OKLAHOMA CITY – Oklahoma homeowners who have experienced financial setbacks stemming from the ongoing COVID-19 pandemic may be eligible for up to $20,000 in grant assistance through the Homeowner Assistance Fund (HAF).

Made available through the American Rescue Plan Act and administered by the Oklahoma Housing Finance Agency (OHFA), HAF provides financial assistance for homeowners who have experienced a significant reduction or loss of income due to COVID-19 and whose mortgage payments have become delinquent.

Applications and more information are available at www.ohfa.org/haf.

“Homeowners are often finding it difficult to keep up with mortgage payments, said Valenthia Doolin, director of the HAF program in Oklahoma. “We want to make sure our neighbors have the resources to recover and restore homeownership stability.”

Homeowner eligibility criteria:

  • Must be a United States citizen or show proof of legal residency
  • Must own and occupy the home as the primary residence
  • Must have experienced a COVID-19 qualified financial hardship after Jan. 21, 2020
  • Household income must be equal to or less than 100% of the Area Median Income (AMI)

Eligible uses of HAF grants:

Housing obligations as listed below and not incurred/billed prior to Jan. 21, 2020 are eligible uses of HAF program proceeds:

  • Delinquent first and second mortgage principal and interest (P&I
  • Escrow shortage
  • Homeowner and condominium association fees
  • Homeowner hazard, flood and mortgage insurance
  • Reasonable lender-assessed fees
  • Up to three additional P&I payment after mortgage default is cured
  • Past due loan payments to government or nonprofit entities for down payment assistance

To apply for assistance, visit www.ohfa.org/haf

Frequently Asked Questions

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