1. Summary and Purpose

The New York State Homeowner Assistance Fund (“NYS HAF”) mitigates financial hardships associated with the coronavirus pandemic by preventing homeowner mortgage delinquencies, defaults, foreclosures, and displacements of homeowners experiencing financial hardship. NYS HAF is a federally-funded Homeowner Assistance Fund program established under section 3206 of the American Rescue Plan Act of 2021 (the “Act”). Pursuant to the Act, the U.S. Treasury allocates and distributes Homeowner Assistance Fund dollars to states, tribes, and territories and establishes program guidance.

HAF Policy Manual