The Tennessee Housing Development Agency (THDA) has launched a new federally-funded program that is designed to help income-eligible homeowners who are delinquent on their mortgage payments due to financial hardship related to the coronavirus (COVID-19) pandemic. The Tennessee Homeowner Assistance Fund (TNHAF), which was created as part of the American Rescue Plan and is being administered in the state by THDA, officially launched on January 10, 2022. THDA received over $168 million in funding for the program. Homeowners who live in Tennessee, have a household income less than $119,850 and have experienced financial hardship after January 21, 2020 related to the COVID-19 pandemic may apply for assistance. Qualifying hardships are: 1. unemployment, 1.1 underemployment (loss of income), 1.2death of an occupying spouse or co-borrower, or 1.3an increase in certain expenses directly related to COVID-19.
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