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Florida's "Hardest Hit Fund" offering assistance to prevent foreclosures

Nearly 16,000 Floridians have applied for mortgage help from the federal government's Hardest Hit Fund to prevent foreclosures. Since the $1 billion fund expanded statewide in late April, 554 homeowners have been approved and are awaiting payments, and 50 others have already received money. Nearly $1 million has been allocated so far. The fund is designed for unemployed or underemployed homeowners.

Two options being offered are:
1. Six months of mortgage assistance, up to $12,000.
2. Up to $6,000 to bring a delinquent mortgage current if the homeowner has returned to work or is recovering from underemployment.

Applications can be submitted at www.FLHardestHitHelp.org.

Posted Wednesday Jun 29