Author Topic: New York Homeowners Assistance Fund (HAF) Mortgage Help  (Read 3836 times)

Offline dovy2

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Re: New York Homeowners Assistance Fund (HAF) Mortgage Help
« Reply #20 on: December 15, 2022, 11:22:05 AM »
Here are the next round of changes:
-for arrears: delinquent property taxes is defined as any tax bill that was issued in 2021-2022 or earlier. Taxes levied for the 2022-2023 tax year are not eligible for a HAF award.
-for forward payments: NYS HAF is no longer offering forward payment assistance for NYC property taxes.
-homeowners with arrears in excess of $200,000 are ineligible for NYS HAF.

https://www.nyhomeownerfund.org/policy-manual
What's the point of keep on changing the rules if they are not taking any new applications?!

Offline cgr

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Re: New York Homeowners Assistance Fund (HAF) Mortgage Help
« Reply #21 on: December 15, 2022, 11:47:06 AM »
What's the point of keep on changing the rules if they are not taking any new applications?!
Many ppl who were rejected originally have now been funded.

My thoughts are that they don't want to reopen and cause a run on the funds (like NY Recovery Grant did) so instead they keep changing the rules for current applicants based on the application pool so that they can distribute all funds within that pool.