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This document serves as a Request for Proposals from qualified housing counseling agencies to provide services under the Indiana Hardest Hit Fund Unemployment Bridge Program, aimed at assisting homeowners
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How to fill out Indiana Hardest Hit Fund Housing Counseling Agency Request for Proposals

01
Read the Indiana Hardest Hit Fund guidelines thoroughly.
02
Download the Request for Proposals (RFP) template from the official website.
03
Complete the required fields, including agency name, address, and contact information.
04
Provide a detailed description of the housing counseling services your agency offers.
05
Outline your agency's experience with housing counseling and any relevant certifications.
06
Include a budget proposal that details how funds will be allocated.
07
Attach any supporting documentation, such as financial statements and staff qualifications.
08
Review your proposal for accuracy and completeness.
09
Submit the proposal by the specified deadline via the designated submission method.

Who needs Indiana Hardest Hit Fund Housing Counseling Agency Request for Proposals?

01
Non-profit organizations providing housing counseling services.
02
Community development agencies seeking funding for housing assistance programs.
03
Local governments looking to improve housing stability for at-risk populations.
04
Any agency interested in helping residents impacted by economic hardships related to housing.
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People Also Ask about

IHAF assistance may be used in a variety of ways including, but not limited to, the following: To bring a homeowner's loan current (pay outstanding monthly mortgage payments). To provide ongoing monthly mortgage payment assistance. To pay for outstanding escrow items (taxes, insurance and HOA dues).
Will homeowners need to pay the money back? No, all assistance is structured as a forgivable loan if the homeowner stays in the home for five (5) years (20% of the loan will be forgiven every 12 months).
How Do I Get Out of Foreclosure in Indiana? A few potential ways to stop a foreclosure include reinstating the loan, redeeming the property before the sale, or filing for bankruptcy. Of course, if you're able to work out a loss mitigation option, like a loan modification, that will also stop a foreclosure.
All assistance provided through the Hardest Hit Fund ended as of March 31, 2022, and the program is now closed. Treasury anticipates that the MHA program will completely wind down by the end of 2023 or early 2024.
One way to attack a foreclosure is to argue that the foreclosing party does not have standing to foreclose. If the foreclosing party cannot produce the promissory note on which the loan is based, the court likely will dismiss the case.
Indiana foreclosures have four basic parts. The (1) initial “behind-in-payments” period, (2) the foreclosure lawsuit, (3) the foreclosure judgment, and (4) the sheriff's sale. This entire process from start to finish usually takes about 8-10 months in Indiana.
And once it begins, stopping foreclosure might seem like an impossible task. However, there are options available to homeowners to delay or even terminate the process entirely. If fact, there are new laws such as California AB 2424 and Civ.

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The Indiana Hardest Hit Fund Housing Counseling Agency Request for Proposals is a solicitation process where non-profit housing counseling agencies can apply for funding to provide counseling services aimed at assisting homeowners at risk of foreclosure and financial distress due to economic challenges.
Non-profit organizations that provide housing counseling services to residents in Indiana and meet the eligibility requirements of the Indiana Hardest Hit Fund are required to file the Request for Proposals.
Filling out the Request for Proposals involves providing detailed information about the organization's mission, current programs, target population, funding needs, and how the agency plans to use the funds to deliver housing counseling services. It typically includes completing specific application forms and submitting required documentation.
The purpose of the Indiana Hardest Hit Fund Housing Counseling Agency Request for Proposals is to allocate funding resources to eligible agencies that will provide essential housing counseling services, helping homeowners avoid foreclosure and maintain stable housing during economic hardships.
The information that must be reported includes the agency's qualifications, experience in housing counseling, a detailed description of proposed services, a budget outlining how funds will be used, and data on past performance and outcomes of similar programs.
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