The Obama Administration is making $1.5 billion in troubled assets relief program (TARP) funds available to help troubled homeowners in states that have been impacted most severely by the collapse of the housing bubble.rn"During these difficult economic times, we will work to help responsible homeowners stay in their homes and stabilize the housing market so home values can rise," President Obama said. "This program will allow housing finance agencies in the places hardest hit by the housing crisis find innovative ways to help homeowners stay afloat and empower local agencies that know these communities best."
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