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Funds Available For Those Struggling With Mortgage Payments

Last updated on Tuesday, August 6, 2013

(UNDATED) - Indiana’s Hardest Hit Fund is now available for struggling homeowners who are unable to make their monthly mortgage payment.

Qualified residents can receive up to $30,000 in assistance over a two-year period if they are facing a financial hardship due to unemployment, large medical bills, or military service. The Hardest Hit Fund also provides financial literacy classes to enrolled participants and transition assistance for those individuals who must obtain a short-sale.

Applicants must be a homeowner residing in the home that is their primary residence, have experienced a qualifying involuntary loss of or reduction in employment or household income on or after January 1, 2009, and be within the income eligibility requirements based on county of residence. Additional eligibility requirements may apply.

Anyone who is experiencing difficulties with their mortgage obligations should contact the Indiana Foreclosure Prevention Network at 1-877-GET-HOPE (877-438-4673) or go online to www.877gethope.org

Indiana State Senator Richard D. Young Jr. (D-Milltown) would like to hear your thoughts and ideas on the issues that matter most to you. Please contact him at (800) 382-9467 or s47@iga.in.gov.

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