TREASDirect PaymentHousing & CommunityFebruary 23, 2026

PURPOSE: PARTICIPANTS OF THE HOMEOWNER ASSISTANCE FUND (HAF) WILL DESIGNATE THE FINANCIAL ASSISTANCE TOWARDS MITIGATI...

$539,363,518

AI Summary

This $539.4 million payment from the Homeowner Assistance Fund helps New York homeowners who experienced financial hardship due to the COVID-19 pandemic. The program prevents mortgage delinquencies, foreclosures, and loss of utilities by providing direct financial assistance to eligible homeowners.

Key Points

  1. 01$539.4 million in homeowner assistance for New York
  2. 02Prevents mortgage delinquencies, defaults, and foreclosures
  3. 03Covers utilities, broadband, and housing-related expenses
  4. 04Funded by the Department of the Treasury
  5. 05Targets homeowners with incomes at or below 150% of area median income

Award Details

Start Date

Feb 23, 2026

End Date

Ongoing

Category

Housing & Community

State

NY

Award Type

Direct Payment

Related Awards

Quick Summary

Amount
$539.4M
Agency
Department of the Treasury
Recipient
STATE OF NEW YORK
Type
Direct Payment

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