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Real Estate News bullet

 

With one of the highest foreclosure rates in the nation, Nevada was selected to be one of the original beneficiaries of the U.S. Treasury’s “Hardest Hit Fund” program. Nevada was awarded over $150 million in funds available to qualified recipients through a series of federal grants to help Nevada homeowners.The U.S. Treasury has approved the Nevada Affordable Housing Assistance Corporation (NAHAC) to oversee the Nevada’s Hardest Hit Funds program. The agency was selected to create a business plan compliant with the Emergency Economic Stabilization Act Program. The NAHAC agency has designed and is executing a plan for the distribution of these funds that has been approved by the U.S. Treasury. Through four programs, Nevada’s Hardest Hit Funds provide assistance that will help prevent avoidable foreclosures and keep limited income Nevada Homeowners in their homes.
nevada programs for "underwater"homeowners
**Nevada’s Hardest Hit Funds encourages homeowners in need of assistance to contact their loan servicer and encourage them to participate in Nevada’s Hardest Hit Funds programs.