Florida Ends Housing Aid Program With $88 Million Unspent

Florida Ends Housing Aid Program With $88 Million Unspent

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When first announced by President Obama on February 19, 2009, the hfa hardest hit fund provided assistance to five states. Today’s expansion of program totals $600 million for an additional five states that have been hit by concentrated unemployment, including $88 million for Oregon.

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As many as 50,000 struggling homeowners in five U.S. states with high unemployment may receive help from a special $600 million federal fund intended to head off foreclosures.

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Florida on Wednesday will close its three largest Hardest Hit federal housing-aid programs – years early – with $88 million left unspent. State officials. State officials said the program was a.

Tax revenues also could be adversely affected by smaller year-end bonuses, a softening of the housing market, rising bankruptcies. Rowland acted quickly last week to trim $88 million from this year.

An extension of the program that provides low-cost health care to more than 8 million children and aid to hurricane-ravaged Puerto Rico, Texas and Florida need to be addressed. And further.

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