HUD Emergency Homeowners Loan Program
November 22nd, 2010
HUD issued Notice 75 FR 69454: Emergency Homeowners’ Loan Program: Notice of Allocation of Funding for Substantially Similar State Programs.
Emergency Homeowners’ Loan Program: Notice of Allocation of Funding for Substantially Similar State Programs
AGENCY: Office of Assistant Secretary for Housing—Federal Housing Commissioner, HUD.
ACTION: Notice.
SUMMARY: The Emergency Homeowners’Loan program, originally authorized by a 1975 statute, was reauthorized and revised by the Dodd-Frank Wall Street Reform and Consumer Protection Act, which also made $1 billion in funding available for this program. This program, as recently revised, authorizes the Secretary to allow funds to be administered by a state that has an existing program that provides substantially similar assistance to homeowners, as determined by the Secretary.
This notice sets out the key features of HUD’s emergency assistance program for homeowners, and solicits applications from states that have programs offering assistance substantially similar to this program.
DATES: Deadline Date: The submission deadline date is December 13, 2010 (the ‘‘Deadline Date’’). Information must be submitted to EHLStateFundingProgram@hud.gov, no later than 11:59 a.m. on the Deadline Date.
To view the notice in its entirety, please click here
About Safeguard
Safeguard Properties is the largest privately held field services company in the country. Located in Cleveland, Ohio and founded in 1990 by Robert Klein, Safeguard has grown from a regional preservation company with a few employees and a handful of contractors performing services in the Midwest, to a national company with over 800 employees. Safeguard is supported by a nationwide network of subcontractors able to perform any requested superintendence, preservation, and maintenance functions, as well as numerous ancillary services in the U.S., the Virgin Islands, and Puerto Rico.