Final 10.28.21

Nebraska Homeowner Assistance Fund

Payment Assistance Program

Total Funding Amount - $6,100,000

Brief Description: Provide full or partial financial assistance for eligible Nebraska 

homeowners who are unable to make full mortgage payments due to a continuing 

financial hardship associated with the coronavirus pandemic. Payments under a 

forbearance plan are included.

HAF funds may be used to reduce a homeowner’s monthly mortgage/loan payments for 

a period up to 6 months or until the maximum amount of assistance is reached.

Applicant income will be recertified every 3 months to determine continued eligibility.

The application process will include steps to determine if the homeowner can sustain 

their regular mortgage payments after reinstatement. Homeowners who are not able to 

sustain their regular mortgage payments will be referred to either a HUD-approved 

counseling agency or legal aid agency to assist in the determination of a loss mitigation 

option that protects them from displacement.

Eligible properties include: 1) 1-4 unit dwellings, 2) condominium units, 3) townhomes, 

4) manufactured homes permanently affixed to real property and taxed as real estate, 

and 5) manufactured or mobile homes not permanently affixed to real property when 

located on leased land.

Maximum Amount per Homeowner: Homeowners will be eligible for assistance not to 

exceed $30,000 per household. Some homeowners may be eligible for one or more 

types of assistance but is subject to a maximum total assistance amount of $30,000.

Homeowner Eligibility Criteria and Documentation Requirements:

The following eligibility criteria applies to all homeowners:

• Homeowner must have experienced a coronavirus pandemic qualified financial 

hardship after January 21, 2020, including a hardship that began before January 

21, 2020, but continued after that date.

• Property must be owned and occupied as the primary residence of the 

homeowner.

• Homeowner must meet income eligibility requirements.

• Unpaid principal balance at the time of origination does not exceed the maximum 

conforming loan limit.

• Statement of current inability to resume regular mortgage payments.
Final 10.28.21

The required application documents include:

• Self-attestation for the qualifying coronavirus pandemic describing the nature of 

the financial hardship

• Self-attestation for the ability to resume regular mortgage payments

• Third-party consent form

• Valid form of photo identification

• Valid social security number or individual taxpayer identification number 

• Proof of primary residence (e.g., recent utility or phone bill)

• Mortgage loan statement

• Current paystubs covering 30 consecutive days

• Social security or disability income award letters; if applicable

• Unemployment insurance documents; if applicable

• Self-employed only: 2020 federal tax return and YTD profit & loss statement

• Any other documents to satisfy program guidelines

The determination of income includes all applicants responsible for mortgage payments, 

including an occupying spouse. A fact specific proxy will be used for owner-occupied 

properties located in a census tract where the AMI is 80% or less. 

Loan Eligibility Requirements: No additional forbearance available.

Form of Assistance: Assistance will be structured as a non-recourse grant.

Payment Requirements: Assistance amounts will be disbursed directly to the lender 

or servicer, as appropriate.