Hardest Hit Fund Reporting

Save Our Home AZ offers assistance to consumers facing foreclosure in Arizona’s Hardest Hit Markets. The program provides assistance in the form of Principal Reduction Mortgage Modification, Unemployment/Underemployment Mortgage Assistance, Second Lien Elimination and Short Sale Assistance. The US Treasury has identified a target date of December 21, 2017 for the use of the funds.

ATTENTION: Loan Value Group, LLC has been authorized by the Arizona Department of Housing to help promote and facilitate the application and approval process for Arizona homeowners who may be eligible to receive benefits under the terms of the Home Affordable Refinance Program (HARP) 2.0 Principal Reduction Assistance Component of the Save Our Home AZ Program. However, applicants are not required to use their services and can apply by clicking here.

For more information on the Save Our Home AZ program or to see if you are eligible for assistance, please return to the ADOH home page and select a topic from one of the yellow buttons provided.

On February 19, 2010, President Obama announced a plan to direct $1.5 billion in funding to the five states hardest hit by the housing crisis, California, Nevada, Florida, Michigan, and Arizona. Shortly after, the Arizona Department of Housing was awarded $267.8 million from the US Treasury Department for foreclosure prevention assistance. Since then, ADOH has implemented the program, Save Our Home AZ, to help struggling Arizona homeowners.

For information on our Hardest Hit Fund® Reports, please contact Daniel Romm at (602) 771-1008 or Daniel.Romm@azhousing.gov.