Home Buyer News

Florida Ends Housing Aid Program With $88 Million Unspent

An extension of the program that provides low-cost health care to more than 8 million children and aid to hurricane-ravaged Puerto Rico, Texas and Florida need to be addressed. And further.

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This is in addition to the utilities’ annual overall program budgets of about $88 million and $50 million respectively. Per recommendations by NRDC, California Housing Partnership, and the National.

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State ends federal foreclosure aid with millions unspent. Article Courtesy of The Orlando Sentinel By Mary Shanklin Published February 4, 2018 Florida on Wednesday will close its three largest Hardest Hit federal housing-aid programs – years early – with $88 million left unspent. State officials say they are.

The $5 billion program for. eligible for federal housing assistance receive it, said Linda Couch, senior vice president for policy at the National Low Income Housing Coalition, an advocacy group.

When first announced by President Obama on February 19, 2009, the HFA Hardest Hit Fund provided assistance to five states. Today’s expansion of program totals 0 million for an additional five states that have been hit by concentrated unemployment, including $88 million for Oregon.

Florida Ends Housing Aid Program With $88 Million Unspent of 2008. With this funding, the Florida housing finance corporation (fhfc) was given the responsibility to create programs to reduce foreclosures in Florida. As you know, Florida remains ranked sixth in the nation for foreclosure rates and $88 million of the fund remains unspent.

. of the board of the Florida Housing Finance Corp., which oversees the state’s money. States have until December 2017 to spend their share or lose unspent funds. Florida has several programs for.

Florida on Wednesday will close its three largest Hardest Hit federal housing-aid programs – years early – with $88 million left unspent. State officials say they are pleased they helped tens of thousands of struggling Floridians by spending 92 percent of Florida’s $1.1 billion share of federal funds.

“I’m just at my wits’ end. additional 2.2 million low-income households receiving rent assistance could be put in jeopardy in March when funding for the Department of Housing and Urban.