The PAHAF program provides assistance for the following mortgage and housing-related expenses, to address mortgage delinquencies and avoid default, foreclosure, and displacement as a result of COVID-19 pandemic related financial hardships. The maximum amount of assistance for any homeowner under the PAHAF is $50,000 as of October 28, 2022.
Per program policy, each type of PAHAF assistance can only be received once per household, even under the increased cap.
Applicants for all types of assistance except for forward mortgage must be at least 30 days past due on the mortgage payments and/or housing-related expenses for which they are requesting PAHAF assistance to qualify.
Mortgage Reinstatement
Provides funds to bring a first mortgage current and to pay other housing-related costs, such as taxes and insurance, if included in the mortgage payment, related to a period of forbearance, delinquency, or up to the maximum per household assistance cap of the lesser of $50,000. Note: PAHAF does not cover payments for principal reductions on completed loan modifications or partial claims. PAHAF also does not cover balloon payments.
Forward Mortgage Payment
The PAHAF program continues to accept new applications that will be assigned to the waitlist. These applications will only be processed if sufficient funding exists. Eligible applications will be moved to the “Application Submitted” status for processing as warranted according to available funding and based on an imminent adverse action (IAA) and date submitted. Based upon remaining funds being diminished and, in conjunction with current processing timelines, PAHAF will not be paying or approving forward mortgage assistance for any months past the month of June 2025 regardless of approval status. This means that, regardless upon the date forward assistance was approved, the number of months available for assistance may be less than six months as established in the PAHAF term sheets and in no instances paid for any month after June 2025. The maximum amount of combined assistance for any homeowner under PAHAF remains at $50,000, as do the requirements of the mortgage not being delinquent as a standalone option and the applicant’s housing payment to monthly income ratio greater than 30%.
Property Charges
Provides up to $14,000 in funds for past due property taxes. Maximum assistance falls under the maximum cap of $50,000.
Delinquent Utilities
Provides funds to resolve delinquent payments for utility services, including electric, heating/fuel, water, and/or sewer bills, and other related utility costs, particularly for those utility bills where no program currently exists in the Commonwealth, and that there is imminent loss of utility disconnection, liens, possible foreclosure, or homeowner displacement. Utility assistance may be available in combination with mortgage reinstatement and mortgage payment assistance or as a standalone option for homeowners without a mortgage. The maximum utility assistance is capped at $10,000.