Hardest Hit Fund

Tennessee’s Hardest Hit Fund program provides loans to unemployed or substantially underemployed homeowners, who through no fault of their own are financially unable to make their mortgage payments and are in danger of losing their homes to foreclosure. Tennessee is one of 18 states plus the District of Columbia that are receiving Hardest Hit Funds due to having an unemployment rate that is higher than the national average.

The 'Keep My Tennessee  Home' program help homeowners with payments on their mortgage and mortgage-related expenses such as property taxes, homeowner insurance, homeowner assosciation dues, and/or past-due mortgage payments that accumulated during a period of unemployment. The Hardest Hit Fund is being administered in Tennessee by the Tennessee Housing Development Agency (THDA).

Red Counties represent assistance level of up to $25,000. White Counties represent assistance levels of up to $20,000.

Current Happenings
  • Feb 12, 2012

       The settlement from the five lenders will give Tennessee $146 million to help some distressed homeowners. The five lenders are Bank of America, JPMorgan Chase, Citi, GMAC and Wells...

  • Jan 25, 2012

         In the U.S. more than 5.5 million loan modifications have been arranged from April '09 to November '11,  including more than 1.7 million Home Affordable Modification...

  • Jan 25, 2012

    Housing finance agencies have developed innovation programs to stabilize the local housing markets and help families avoid foreclosure.  The Hardest Hit Fund programs will vary from...

  • Oct 17, 2011
    • Tennessee is a non-judicial state. 
    • The lender doesn't have to take the homeowner to court to start foreclosure proceedings.
    • The lender usually sends out a letter of...