Tennessee Housing Department Agency just received the approval to roll out the much-needed Tennessee Housing Assist Fund Program. (TNHAF) for those whose household income is less than $119,850. This money can be used to catch up on payments. It will pay up to 6 months moving forward. It can be applied for multiple times if a new COVID hardship is incurred.
This program is design to assist homeowners with
- Mortgage payments
- Past due HOA fees
- Homeowner’s Insurance
- Property Taxes
COVID-19 Hardship includes:
- Unemployment or Underemployment – Significant Reduction in Income
- Substantial increase in expenses directly related to COVID
- Households may apply for assistance up to $40K (TOTAL)
To participate login on to THDA.org