U.S. Department of the Treasury

Overview of Quarterly HAF Participant Data through June of 2022

December 2, 2022

Early participant-reported data for the American Rescue Plan-funded Homeowner Assistance Fund 

(HAF) through June of 2022 show that assistance is reaching low-income and underserved communities 

as states continue to provide assistance to homeowners through the HAF program. The early data 

demonstrate that HAF has provided assistance to tens of thousands of homeowners across the country.

HAF was designed to support homeowners experiencing financial distress, working in conjunction with a 

range of other foreclosure prevention initiatives implemented by the Biden-Harris Administration that 

resulted in historically low foreclosure filings in 2021. After a planning process during which Treasury 

required states, territories, and Tribes to inform their plans with data and community input, HAF 

programs began providing assistance in the first half of 2022 as some other foreclosure protections wound 

down. HAF programs across the country are assisting homeowners both by providing direct assistance 

and helping homeowners access workouts through their mortgage servicers, such as loss mitigation 

options made available for government-backed loans. 

Treasury has taken numerous actions to ensure that HAF empowers states, territories, and Tribal 

governments to reach the most vulnerable homeowners, including requiring participants to structure and 

target assistance based on data-driven assessments of homeowner needs, with an emphasis on data that 

identifies disparate hardships across demographic groups. Reporting through June of 2022 shows that 

HAF assistance is reaching a much broader range of economically vulnerable and traditionally 

underserved homeowners than prior federal mortgage assistance and foreclosure prevention programs:

• Excluding omitted data, 59% of HAF assistance was delivered to very low-income homeowners 

(those earning 50% of area median income and below). 

• 33% of homeowners receiving assistance self-identified as Black and 22% self-identified as 

Latino.

• Nearly two thirds of HAF beneficiaries were female applicants.

Since June, many HAF programs have assisted thousands more homeowners, with some public 

dashboards from these programs indicating they have doubled their total assistance provided. As rising 

interest rates strain housing affordability, particularly for homeowners with lower incomes, HAF funds 

continue to serve as a crucial resource to assist in resolving delinquency, providing mortgage payment 

assistance, and addressing other threats to housing stability. HAF participants have until September 30, 

2026 to use their funds to assist homeowners in their communities.

HAF is an important part of a broader Biden-Harris administration effort to enable struggling borrowers 

across the country to remain in their homes. The Biden-Harris administration has engaged a series of 

measures that protected homeowners from foreclosure, including a foreclosure moratorium, increased 

options for mortgage payment forbearance, and enhanced loan modifications to resolve delinquencies, 

among other initiatives that have together helped keep mortgage delinquencies and foreclosures below 

pre-pandemic levels.

A summary of Quarterly HAF participant data through June of 2022 is available here.